Federal Reserve ChairmanJerome Powell came across loud and clear on Friday at the Jackson Hole Economic Symposium that the Fed will cut rates in September, economists said. “Chairman Powell used the podium at the Jackson Hole Economic Symposium to officially announce the commencing of policy rate cuts and remove any uncertainty around the September FOMC meeting being a live one,” said Charlie Ripley, senior investment strategist for Allianz Investment Management. “While the pace and magnitude has yet to be determined, it has been made very clear that the shift in focus have moved towards the l…