Slatestone Wealth’s chief market strategist, Kenny Polcari, anticipates potential interest rate cuts in September, driven by economic pressures. His insights were shared on ‘Varney & Co.’ ahead of Federal Reserve Chairman Jerome Powell’s upcoming speech at the Jackson Hole Economic Symposium, where key monetary policy discussions will unfold.

Powell’s Upcoming Speech

Federal Reserve Chairman Jerome Powell is set to address economic conditions and the central bank’s future policies during the Jackson Hole Economic Symposium, a highly anticipated event for investors and economists alike.

Market Reactions

As speculation grows about upcoming rate adjustments, market participants are closely monitoring signals from the Fed that could impact the economy and financial markets in the coming months.