First on CNBC: Chicago Fed President Austan Goolsbee on Fed Chair Powell's Jackson Hole Speech

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CNBC's Steve Liesman joins Halftime Report with Chicago Fed President Austan Goolsbee to discuss Jerome Powell's comments in Jackson Hole earlier today.

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I'm favoured, $27K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America.

ChrisMcCannj

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

auboisdaline

Goolsbee is the only guy I trust on the entire FOMC.

andybuchanan

Austan is a wise man and a great economist👌🏻

Ryoo

It’s good to hear the Fed on top of the economic conditions. I would expect a significant cut first and watch and see.

patrickm

What happens if they cut rates this September & inflation starts to tick back higher.

Mike-nkt

The past few years have been odd. Likely FED cut cycle will continue to be odd - soft landing in the economy, but hard landing for stocks.

Personalfinance_

where exactly are these guys sitting. looks amazing

nyustdent

Your debt service cost is going up since your purchasing power is going down.

PutSeller

all for the inflated stock market to hell with the country

rickhayes-ohzm

25 points cut = 15% inflation for sure, 50 point = 20 to 30% inflation on 2025, this is very simple, inflation is not under control and there is no incentive for companies to produce at the same price after a rate cut, we are not even talking about lowering prices, just to produce at same price that we have today it will not happen after any rate cut, thats 100% sure.

fkoffytb

As McGregor would say. “Who the Fook is this guy”!!

connorroach

ask how inflation is going to come down steve.

rickhayes-ohzm

I'm favoured financially with Bitcoin ETFs, Thank you buddy. $63, 700 weekly profit regardless of how bad it gets on the economy. -

Mohed-uo

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