Fed Rate Cut Talks Heat Up After Powell’s Jackson Hole Remarks

Social media buzz around a potential September interest rate cut from the Federal Reserve has surged after comments by Chair Jerome Powell at the Jackson Hole symposium. Santiment, a social analytics platform, points to an 11-month high in mentions related to the Fed and rates, following a crypto rally fueled by Powell’s hints of potential easing measures. While 75% of traders predict a rate cut this September, analysts remain divided: some predict explosive gains for altcoins while others warn about looming recession risks. Santiment cautions that rapid market hype could lead to a temporary peak.