NasdaqGS:NWBIBanks
Northwest Bancshares (NWBI) Is Up 5.7% After Powell Signals Potential Fed Rate Cuts at Jackson Hole
On August 23, 2025, Federal Reserve Chair Jerome Powell delivered dovish remarks at the Jackson Hole symposium, indicating the potential for interest rate cuts as inflation risks appeared to ease and unemployment stayed low.
This improved outlook for borrowing costs prompted increased investor interest in sectors sensitive to monetary policy, including regional banks such as Northwest Bancshares.
We'll explore how the prospect of lower interest rates could influence Northwest Bancshares'...