Posted on 08/23/2025 4:41:32 PM PDT by E. Pluribus Unum
Federal Reserve Chair Jerome H. Powell hinted that the central bank might cut interest rates in September.
Powell spoke on Friday at an event titled “Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy,” an economic symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming.
He said that higher tariffs and a tighter immigration policy have slowed labor force growth and gross domestic product, which is a measure of economic activity using final goods and services produced in the U.S.
“There is significant uncertainty about where all of these polices will eventually settle and what their lasting effects on the economy will be,” he said.
The Federal Reserve is a central bank with 12 locations that sets interest rates and manages monetary policy, meaning that it can print or destroy money.
President Trump has pushed Powell to cut interest rates. On Tuesday, he said that Jerome "Too Late" Powell is hurting the housing industry because of high interest rates.
Lower interest rates make buying expensive items like homes and vehicles cheaper when financed over time.
The Federal Reserve printed trillions of dollars during the COVID-19 pandemic that likely triggered a wave of inflation witnessed through higher energy and grocery prices.
Inflation spiked to a 40-year high at 9.1% in 2022, according to the U.S. Bureau of Labor Statistics.
"Of course, we cannot take the stability of inflation expectations for granted," Powell said. "Come what may, we will not allow a one-time increase in the price level to become an ongoing inflation problem."
The Federal Reserve has a dual mandate. It must promote maximum unemployment, stable prices, and moderate long-term interest rates.
(Excerpt) Read more at townhall.com ...
A measly 1/4 point I bet.
Well, that hardly seems fair.
For all of the recent news on powell and the fed, there is an even more powerful but shadowy organization that lurks and when the fed goes, so will it. Im referring to the bis, bank of international settlements. Powell is even on the bis bod.
How gracious of the prick.
Might?
What are you saying? Shut up until you know and do.
The market has already priced it in.
When crooked Powell actually does cut rates, that is news.
He knows that too many know he’s purposely trying to hurt the economy to hurt Trump - but Trump’s policies are showing Powell’s policies/efforts to be dead wrong....
He knows that nothing happens in August while all are on vacation/ Delaying the cut until September really makes little difference
I’ll see your 1/4, and bet 1/8
Either way, it won’t help those who really need the relief.
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