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Fed Chair Powell in Tough Spot Ahead of Jackson Hole, Sockin Says
Bloomberg Televisionยท2025-08-19 14:17

He joins us from Seattle. He's got this to say Recent labor market data increase the scope for a Fed cut. As soon as September.We expect that the Fed will look through elevated inflation in the coming months and favor the growth side of its mandate. Rob joins us now for more. Rob, good morning.Good to see you. Less on housing and less on the politics of the moment. Much more on this Fed Reserve going into September.What do you expect to hear this coming Friday. I think Chair Powell is in a tough spot going ...