US stock market indexes (^DJI, ^IXIC, ^GSPC) are maintaining Friday gains ahead of the market close after Federal Reserve Chair Jerome Powell stated the "time has come" to cut interest rates in his speech this morning at the Jackson Hole Economic Symposium.

Yahoo Finance markets reporter Josh Schafer joins Market Domination to highlight how Wall Street economists are reacting to future rate cuts to come at the Fed's September policy meeting and how they are weighing the size of these cuts with labor market forecasts.

Watch Federal Reserve Chair Jerome Powell's full speech here.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Luke Carberry Mogan.