Jackson Hole, Fed and Wall Street
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From Tuesday through Thursday, the S&P 500 clocked three new record highs during the trading week ending Friday, 15 August 2025.
Fed minutes are due, and top retailers will report earnings in the coming week. But the main attraction will be Jerome Powell's speech on Friday.
Stocks might get their September interest-rate cut, but the Federal Reserve could still disappoint the market, as soon as this month.
Evidence of continued political pressure on the Fed could also push yields higher and disrupt efforts to effect more accommodative policy.
Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, according to the CME FedWatch Tool, a measure of market sentiment.
Hedge funds bought U.S. stocks at the fastest pace in seven weeks during the week to August 15, in anticipation of a long awaited interest rate cut expected from the Federal Reserve in September, according to a Goldman Sachs client note.
Wall Street has priced in a 94.2% probability of the Federal Reserve cutting interest rates in September. JPMorgan Asset Management's fixed income portfolio manager, Kelsey Berro, joins Yahoo Finance Senior Reporter Allie Canal on Market Domination to explain the three reasons the Fed still hasn't cut rates this year despite macro conditions being comparable to last year's.
Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next month.
With the Fed expected to change course soon, now’s the time to put your cash in a top-paying account and capture strong returns before they start to slip.
A colony of bats recently took up residence at the storied Jackson Lake Lodge, where central bankers and economic policymakers will convene next week for an exclusive gathering.
2hon MSN
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