In a speech at the annual Jackson Hole Economic Policy Symposium, Fed Chair Jerome Powell left the door open for a possible interest rate cut in September, sending a positive signal to Wall Street that pushed markets higher.

This comes at a unique moment for the US Central Bank, which is under fire for how its handled rate decisions, threats to fire a sitting governor and a public inquiry into its building renovations.

On today’s Big Take podcast, Bloomberg’s Amara Omeokwe joins host Saleha Mohsin from Jackson Hole to discuss how central bankers and economic policy leaders are navigating the tensions between the White House and the Federal Reserve — and what we learned from Jay Powell’s last speech at Jackson Hole as chairman.

Listen more: Odd Lots: Lots More on What Just Happened With the Fed at Jackson Hole (Podcast)

In a speech at the annual Jackson Hole Economic Policy Symposium, Fed Chair Jerome Powell left the door open for a possible interest rate cut in September, sending a positive signal to Wall Street that pushed markets higher.
This comes at a unique moment for the US Central Bank, which is under fire for how its handled rate decisions, threats to fire a sitting governor and a public inquiry into its building renovations.
On today&rsquo;s Big Take podcast, Bloomberg&rsquo;s Amara Omeokwe joins host Saleha Mohsin from Jackson Hole to discuss how central bankers and economic policy leaders are navigating the tensions between the White House and the Federal Reserve &mdash; and what we learned from Jay Powell&rsquo;s last speech at Jackson Hole as chairman.
Listen more:&nbsp;<a href="bbg://news/stories/T1ETLTGPQQ78" data-web-url="https://www.bloomberg.com/news/audio/2025-08-22/odd-lots-and-michael-mckee-on-what-just-happened-at-jackson-hole?srnd=phx-oddlots" data-cke-saved-href="bbg://news/stories/T1ETLTGPQQ78">Odd Lots: Lots More on What Just Happened With the Fed at Jackson Hole (Podcast)</a>

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

What Powell Said About the Possibility of a September Rate Cut

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8430464a-5f08-4c08-8595-b34101613c6e/transcript

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