US Treasuries fell as investors maintained strong bets that the Federal Reserve will cut interest rates soon, signaling confidence in easing policy ahead.
economic outlook
Powell opens door to September rate cut, says economic outlook ‘may warrant’ change in Fed’s stance
Federal Reserve Chair Jerome Powell opened the door to a September rate cut on Friday, saying in a speech in Jackson Hole that “the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance.”
Today Powell speech at Jackson Hole Symposium, key takeaways (2025)
US Federal Reserve (Fed) Chair Jerome Powell said that they will adopt a new policy framework of flexible inflation targeting and eliminate the ‘makeup’ strategy for inflation, while delivering a speech on ‘Economic Outlook and Framework Review’ at the annual Jackson Hole Economic Symposium.