When Might The Fed Cut Interest Rates?

In recent years, the focus has been on how much and how fast the Federal Reserve would raise interest rates. That may be changing. Talk of further rises in rates has become more measured.

Fed Chair Jerome Powell at his recent speech at Jackson Hole, specifically noted the conditions under which the Fed would raise rates further, implying that future increases in rates are perhaps no longer a foregone conclusion. We’ll learn more at the Fed’s September meeting.