Powell's statements, cold pot and hot pot as usual.

🔵Tariffs are higher than expected and could increase inflation and slow down growth, but their effects may also be more persistent.

🔵The situation is good and we can wait before adjusting monetary policy.

🔵Data indicates a strong labor market and inflation close to 2%

🔵We do not anticipate an economic recession despite the expected forecasts and uncertainty.

Summary: The statements were not significantly negative as everyone expected, the end of the movie is near, God willing 🙏