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Wall Street Breakfast

Fed's Powell signals the start of rate cuts

Fri, 23 Aug 2024

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Jerome Powell says 'the time has come for policy to adjust' and he does not seek further labor market cooling. (0:17) Markets are pricing in 100 basis points of rate cuts this year. (1:23)Show NotesA brief history of Jerome Powell's past Jackson Hole speechesEpisode transcripts: seekingalpha.com/wsb Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.

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