Powell Signals Rate Cuts in His Jackson Hole Speech. Here's What Wall Street is Saying

Federal Reserve Chair Jerome Powell speaks at a press conference.

The Federal Reserve Bank of Kansas City's annual Economic Policy Symposium bills itself as a "venue for international central bankers, Federal Reserve officials, other policymakers and academics to discuss issues of mutual concern."

But normies really just care about what Federal Reserve Chair Jerome Powell had to say in his speech Friday morning.