AGNC Investment Sees Bright Future Following Fed Chair Powell's Jackson Hole Address

AGNC Investment is optimistic about the future after Fed Chair Powell's Jackson Hole address, with investors eagerly anticipating the next rate cut. Since the end of 2024, the investment community has been speculating about the Fed's next move, with many expecting a rate cut. Powell's speech has fueled hopes for a rate cut, with some seeing it as a sign that the Fed is moving towards a more accommodative monetary policy. This could be beneficial for AGNC Investment, which is heavily exposed to the mortgage-backed securities market.