Fed Chair Powell Signals Rate Cuts Ahead in Jackson Hole Speech | WSJ

Watch live coverage of Federal Reserve Chair Jerome Powell's keynote address at the annual Kansas City Fed's Jackson Hole Economic Symposium.

#Fed #JeromePowell #WSJ

[nancyking]

The Same People who said "Inflation is Transitory "

[Faijan-zxov]

I feel sympathy for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore. You've helped me a lot Sir Brian! Imagine I invested $50, 000 and received $190, 500 after 14 days

[PapiChulo-ts]

My wife is already panicking, so many questions! will the rate cut lead to inflation? I'm very worried about my $1million stock portfolio losing value. Do i move to 100% cash? What strategies should I be employing in my portfolio right now?

[johnbeckwith]

Econ 101: To Much MONEY chasing To Few GOODS.
Solution:
1. Increase PRODUCTION.
2. Stop Federal Government DEFICIT SPENDING
3. BALANCE THE FEDERAL BUDGET.

[ronaldkrikorian]

This incompetent has NO clue! Greetings from Australia 🇦🇺

[jeffheinzel]

Nothing has gone down yet he’s cutting rates here comes hyperinflation!!

[jaym]

Wooho! Another FED success. Wealth transferred from poor to rich. Rinse and Repeat.

[mr.sheldon]

Transitory Hypothesis = Modern Monetary Theory

[TDubya]

Why is it desirable to have 2% inflation or any inflation at all?

[meman]

Wonder what corporate was doing as the game was played again

[gainer]

The EV sector now continues its Summer Surge.? Thumbs Up video

[SuperBomberman]

No mention of unprecedented levels of fiscal stimulus stoking inflation pressures. Time to end the Fed's unemployment mandate. Focus strictly on inflation being between -2% and +1% on an annual basis (or -6% to +3 % change on a 36 month running average).

[chkee]

What if the upcoming data set indicates a further acceleration in the rate of inflation?

[Audra-littledipper]

Why was this in Jackson Hole? One of the richest counties in America, where workers have struggled with homelessness for over a decade?

[marcelandrey]

the genie inflation just like taking something forgotten in the home to go outside again to rampage inflation if the FED lower rate it

[idorablo]

I don't know who this lady is bobbing her head over there, like somebody important Taking notes like a student give me a breakout amateur.

[nickzivs]

Well, if people are championing rate cuts because stocks go moon, then they better be prepared to pay increased taxes when the overwhelming tranche of society falls further behind and the government starts taxing those with wealth to pay for social assistance. It’ll happen, not saying it’s the right answer but I guarantee it happens lol.

[DaJonez]

Wish we could elect this guy president. I sense more integrity and intelligence in him than any of these other yokos in Washington lately.

[jackwaterman-lwco]

bama and kermala's apes caused inflation.