Fed Chair Jerome Powell signals the first rate cut could come next month. On Way Too Early, Courtenay Brown breaks down why Wall Street cheered — and why some see a red flag.

The long pause between rate cuts could be particularly bullish for equities, potentially extending and broadening the stock market’s rally, analysts said.

The week's biggest market-moving news came on Friday, 22 Aug. 2025, when Federal Reserve Chair Jerome Powell opened the door to Fed resuming interest rate cuts.