Notes From the Desk: The Time Has Come
August 28, 2024 at 13:38 PM EDT
Last week Fed Chair Jerome Powell made his long-awaited remarks at the Fed’s annual Jackson Hole Economic Symposium, where he solidified a policy rate cut at next month’s FOMC meeting. In his remarks, Powell all but declared “mission accomplished” on taming inflation, while acknowledging the weakness in labor markets: “Our restrictive monetary policy helped restore [...] The post Notes From the Desk: The Time Has Come appeared first on ETF Trends .