Fed Chair Powell: Current Conditions May Allow Interest Rate Cuts
Federal Reserve Chairman Jerome Powell says that current market and economic conditions could allow for an interest rate cut soon. In his speech at the Fed’s annual conclave in Jackson Hole, Wyoming, the Fed Chair cited “sweeping changes” in tax, trade and immigration policies. The result is that “the balance of risks appears to be shifting” between the Fed’s twin goals of full employment and stable prices. Thus, future cuts are possible. JUST IN: Fed Chair Jerome Powell suggests current conditions 'may warrant' interest rate cuts. pic.twitter.com/Ogn5NsxHOz — Watcher.Guru (@WatcherGuru) August 22, 2025 Powell noted that compared to the state of the economy during his speech last year, unemployment is lower and the labor market is in better condition. He went on to indicate that these conditions allow “us to proceed carefully as we consider changes to our policy stance.” “Nonetheless, with policy in restrictive territory, the baseline outlook and the shifting balance of risks ...