** Powellâs Speech Like a đ„ Bullish Spark for Markets**

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** Powell hinted at a rate cut as early as September**, citing mounting downside risks to the labor market despite manageable inflation Financial TimesReuters.
Markets cheered â the S&PâŻ500 jumped ~1.3â1.6%, the Dow surged ~2%, while Treasury yields fell and the dollar softened Financial TimesAP NewsInvestors.
** Quick take: Markets = đ Bullish reaction.**