Jackson Hole Sparks Market Rally: Powell Hints at September Rate Cut
Fed Chair Jerome Powell left the door open to a September rate cut in his Jackson Hole remarks, noting tariffs and labor softening as key risks. Markets reacted quickly: the Dow gained 1.5%, the S&P 500 and Nasdaq each rose about 1.2%, and Treasury yields pulled back as traders priced in easing.
Happy selling!
CA DRE 01908507 NMLS 1286612, CEO and Broker of Record, Grobecker Holland International, Inc., CA DRE 01976696 NMLS 1295266
Teresa Grobecker, MBA, CRPC. Investment Banker, Angel to Series C, Capital Formation, CRE and Gov Contracting, Defense, Policy and Real Assets Investor, Futurist…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.