Fed Rate Cut IMMINENT? Powell’s Jackson Hole SHOCKER! | Stocks NOW
Will the Fed cut rates in September? Stock futures dipped slightly Tuesday morning as investors anxiously await Jerome Powell's speech at the Jackson Hole economic symposium. Furthermore, this week's retail earnings reports from giants like Home Depot, Lowe's, Walmart, and Target will offer crucial insights into consumer spending and overall market health. Powell's insights at this, his last Jackson Hole conference as Fed Chair, are expected to heavily influence market direction. Meanwhile, the market anticipates a potential rate cut next month, adding to the suspense. Subscribe to our channel for more market-moving updates.
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