Bloomberg Television
@markets·3.2M subscribers·95.6K videos
Fed Chair Powell opens the door to rate cuts #shorts #powell #jacksonhole #fed
Posted
August 22, 2025
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0:57Now PlayingFederal Reserve Chair Jerome Powell carefully opened the door to an interest-rate cut in September, pointing to rising risks for the labor market even as worries over inflation remain.
Powell noted that the labor market is in a “curious kind of balance” resulting from a marked slowdown in both the supply of and demand for workers, and that downside risks to employment are rising.
Stocks rallied after his speech. Read more
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