Markets Rally After Powell Signals Rate Cuts

Markets surged after Fed Chair Jerome Powell struck a dovish tone at Jackson Hole, signaling a potential interest rate cut despite dissenting voices. Tim Waterer, Chief Market Analyst at KCM Trade, expects two cuts before year-end, though he notes that markets will need a fresh catalyst to push higher.Image Credit: Shutterstock.comSee omnystudio.com/listener for privacy information.