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How to get rich.
20 hours, 7 minutes ago
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public
What Powell has given to the market is that he's inclined to consider cuts should the data support it in the next CPI report. So he's got a lot of data coming before the decision in September. This is his last speech at Jackson Hole, so it's a legacy speech and he'll answer some questions. What it looks like today to investors like me, is over an 80% chance of a 25 basis point cut in September. Now, that is not a lot. Then the market’s gonna go flat for a while.
What Powell has given to the market is that he's inclined to consider cuts should the data support it in the next CPI repo...
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