🚨 FED UPDATE — Powell Speaks! 🏦⚡️
Key takeaways:
Inflation remains elevated, but core CPI near 2% target 📊
Employment steady, economy resilient pre-shutdown
Rate cut in December far from certain ⏳
Quantitative tightening ends Dec 1, balance sheet temporarily frozen
Tariffs + AI effects could tweak prices & labor market 💹
Fed cautious, data-dependent, risk-managed 🛡
📈 Markets may react — $FARTCOIN holders, eyes open!