Ready to Cut
August 30, 2024 at 12:12 PM EDT
Fed Chair Powell tees up the long-awaited rate cut Fed Chair Powell said just about everything investors wanted to hear during his Jackson Hole, Wyoming speech last Friday. In particular, investors cheered several key messages: Inflation is under control and, in Powell’s words, “on a sustainable path back to 2%.” It’s time for monetary policy [...] The post Ready to Cut appeared first on ETF Trends .