Powell’s Highly Awaited Speech Today Lifts Likelihood of Resumed Cycle of U.S. Interest Rate Reduction – Currency Thoughts
Powell’s Highly Awaited Speech Today Lifts Likelihood of Resumed Cycle of U.S. Interest Rate Reduction August 22, 2025 Speaking at the Jackson Hole Monetary Symposium this morning Federal Reserve Chairman Powell acknowledged that the U.S. baseline outlook and balance of risks between higher inflation and lessening employment growth are shifting. Major points that were expressed…