Federal Reserve Signals Rate Cut—What This Means for Your Money

Recent conditions ’may warrant' an interest rate cut by the Federal Reserve in September, says Fed Chair Jerome Powell.
Federal Reserve Signals Rate Cut—What This Means for Your Money
People walk in Washington on Aug. 8, 2025. Madalina Kilroy/The Epoch Times
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The Federal Reserve may cut interest rates in September.

In his final Jackson Hole keynote address on Aug. 22, Fed Chair Jerome Powell stated that current conditions, mainly a deteriorating labor market, “may warrant” a change in monetary policy.
Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."