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Market analysis: The Federal Reserve has enough data to justify a September rate cut

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2025-08-22 14:26:27
Federal Reserve chairperson Jerome Powell is still speaking, but his Jackson Hole speech has ignited bulls on Wall Street. "Powell's dovish tone in Jackson Hole suggests the Fed is ready to cut rates in September," wrote David Laut of Abound Financial. Mr. Powell said monetary policy would be data-driven, noting that employment faced headwinds and inflation expectations remained anchored. "While there will be a jobs report before the September meeting, it is clear that the Fed has enough data to justify a September cut," Mr. Laut said.
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