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Powell Likely to Take a More Cautious Stance at Jackson Hole, September Rate Cut Expectations Remain

Powell Likely to Take a More Cautious Stance at Jackson Hole, September Rate Cut Expectations Remain

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ChaincatcherChaincatcher2025/08/18 06:03

According to ChainCatcher, citing Jintou News, ANZ economist Shwetha Sunilkumar stated that Powell is unlikely to be as explicit about the reasons for a rate cut at the Jackson Hole symposium as he was last year. She noted that Powell may hint at the possibility of further easing, but will not commit to a specific timeline, especially as inflation concerns have intensified following stronger-than-expected July data for the services sector and producer prices. The bank's baseline expectation remains that the Federal Reserve will cut rates at the September meeting.

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