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Jack Farley & Max Wiethe break down Jerome Powell’s Jackson Hole speech that markets have interpreted as signaling rate cuts are coming in September, the Fed’s long-term reassessment of their policy framework for combatting inflation and maintaining full employment, and Chinese consumer lending fintech companies that Jack is bullish on.

Fed Statements on Longer-Run Goals and Monetary Policy Strategy Updated August 2025: https://www.federalreserve.gov/monetarypolicy/monetary-policy-strategy-tools-and-communications-statement-on-longer-run-goals-monetary-policy-strategy-2025.htm

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Timestamps:

00:00 Intro

00:34 Fiscal.ai Front Roll

00:53 Jerome Powell Signals Rate Cuts?

06:35 The Fed’s View of the Labor Market

07:41 Updating the Fed’s Policy Framework

11:35 Fiscal.ai Mid Roll

12:58 Lisa Cook, Politics at the Fed, & the Next Fed Chair

21:06 Bullish Outlook on Chinese Consumer FinTech Basket

40:40 Outro