Fed Hints at Rate Cut — Is September the Month?

At Jackson Hole, Fed Chair Jerome Powell suggested a September interest rate cut is firmly on the table.

That’s big news — because when rates fall, so does the appeal of holding U.S. dollars.

Lower yields make the dollar less attractive to global investors, and history shows that rate cuts often put downward pressure on the currency.

What does that mean for you?

• Weaker dollar = higher prices for imported goods, travel, and energy.

• Your savings lose purchasing power if inflation reaccelerates.

• Hard assets and alternatives often benefit when the dollar slides.

The market is now pricing in nearly a 90% chance of a cut in September.

If Powell follows through, the months ahead could bring a very different landscape for anyone holding cash or dollar-denominated assets.

Keep your eyes on the charts,

—DOTD