Powell Says Rates Are Coming Down: How Low Will They Go? | Big Take

The time has finally come for a rate cut. That was the takeaway of Fed Chair Jerome Powell's remarks in Jackson Hole on Friday when he let the world know to expect a cut at the next ​​Fed meeting in September.
Bloomberg’s Mike McKee joins host Sarah Holder from Jackson Hole to discuss what that cut could look like - and what it would mean for the economy, the US election and the American consumer.
Read more: Listen more: The Federal Reserve's Tricky Economic and Political Terrain (podcasts.apple...)
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