Chairman Powell's Jackson Hole remarks

[wtg]

https://www.federalreserve.gov/newsevents/speech/powell20250822a.htm

[Mik]

I loved what it did for us today.

[Daniel.]

I'm sure the 70 years olds becoming homeless will be thrilled. Let's hope they have bus fare and access to a municipal library so they may reap the delights of this article before: someone hands them a hamburger and a bottle of water thereby distracting them from all of the goodness contained herein or Trump has Ice arrest them and sends them to jail.

[Mik]

Not so good for retirees it seems, although I am one. Still, we're not heavy on interest income.

https://www.msn.com/en-us/money/markets/retirees-the-news-from-jackson-hole-is-ominous-for-you/ar-AA1L2ZD6