All roads lead to Jeroma Powell

On August 22, 2025, the chairman of the federal reserve system Jerome Powell walked in the Grand -Tetton National Park near Jackson Hall, Wyoming.

Natalie Bering | Getty Images | Gets the image

With inflation in America In June 2022, he reached the maximum by 9.1%The US Federal Reserve has made a control increase in prices – supporting high interest rates – its main goal.

One of the consequences of the fierce monetary policy is usually a slow economy and a cool labor market. For a while, this scenario did not come true, which made many thinking that the Fed, under the piloting chairman Jerome Powell, reached rare “Soft planting“In which the central bank manages to mitigate inflation without immersing the economy into the recession.

But it is’The golden way” – Because Aston Goulsby Fed likes to call it – tainted factors such as tariffs and changing geopolitical landscape.

In the US this has led to Quickly cooling the job marketPushing Powell to note in Jackson Hall that the risk between high inflation and high unemployment is “changing”. In other words, the Central Bank may pay attention to the support of employment rather than slow down prices.

“Changing the balance of risks can guarantee that adjusting our political position,” Powell said.

And then – boom! Just like this: a look at the shadow of the proposal that the Fed can start lowering their interest rates to send us stock stocks, and on Friday falls the yield of the Treasury.

This proves how much the Fed – and, in particular, its chairman – remains the nervous center of the US economy and financial markets. According to analysts of antiquity: all roads lead to the jeroma.

What do you need to know today

Jerome Powell points to a decrease in rates quickly. In Jackson Hol on Friday, the Fed Chairman said the risk in the labor market “A warrant for adjusting our policy“Powell also emphasized the independence of the Fed.

The US Government occupies 10% Intel shares. American chips maker. Friday press -release. said the White House $ 8.9 billion in investment in conventional Intel sharesAcquisition of $ 43.3 million of $ 20.47 per share is lower than the current price.

Trump said the furniture would face tariffs. The purpose of the president is “”return the furniture business back … throughout the union. “Separately Canada on Friday deleted a lot of their retribution tariffs on the US – But not the ones that are on the car shutters.

US actions jumped out on Friday in Powell’s speech. A Dow Jones Industrial Medium Click on fresh highwhile S&P 500 got into three points from his record during the bidding. UK FTSE 100 closed in another maximum for its Best week with May.

(Pro) Nvidia and inflation in focus. US stocks could End of August on a high note. Their permanent stock will depend on Nvidia’s Revenue Report, Wednesday, and Personal Consumption Price Index, Friday.

And finally …

Michael M. Santiago | Gets the image

From American Eagle to Swatch why brands seem to be mistaken

If actress Sydney Sainini A company of jeans They came out last month, critics assumed the game of good “jeans” and “genes” as a tone of deaf with moody shades.

“Modern brands are trying to navigate the cultural complexity with corporate simplicity. They use the hall of the 1950s to solve human problems in 2025,” said David Brier, branded brand specialist and “rich brand, poor brand”, “said CNBC.

– Karen Gilchrist

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