Powell Speaks at Jackson Hole

Cari Pelayo

Published on: 22/08/2025

Today’s big headline: Fed Chair Jerome Powell spoke at the Jackson Hole Economic Symposium in Wyoming—a place where the Federal Reserve gathers each year to signal future economic policy. His comments immediately moved the stock market, with major indices climbing more than 1%. But the question for us here in California is: what does this mean for housing? For months, California’s market has been leaning toward a buyer’s market—with homes sitting longer, sellers offering incentives, and builders cutting deals. Buyers, however, remain hesitant. Powell’s comments could be the turning point that shifts that hesitation into action.