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Jackson Hole: Powell Opens Door to September Rate Cut

Bloomberg Markets •
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Jackson Hole: Back Forward Odd Lots Facebook Linked In Gift Expand Security personnel stand guard as attendees have lunch during the Kansas City Federal Reserve's Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Saturday, Aug. 23, 2025. Federal Reserve Chair Jerome Powell carefully opened the door to an interest-rate cut in September, pointing to rising risks for the labor market even as worries over inflation remain. Photographer: David Paul Morris/Bloomberg.

By Joe Weisenthal and Tracy Alloway, August 26, 2026. This article is for subscribers only. Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe.

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