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.

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Categories:  markets,  economy

Tags:  jackson hole,  jerome powell,  dovish fed,  us fed rate cuts,  us job market,