#PowellRemarks #PowellRemarks

Yesterday's speech by Powell stirred the financial markets. His words about the need for further tightening of monetary policy raised investors' concerns about the prospects for economic growth. The markets reacted with a decline, and analysts began to revise their forecasts.

Powell emphasized that inflation remains too high, and the Fed is ready to take the necessary measures to reduce it. He also noted that the labor market remains strong, which gives the Fed room to maneuver.

Now all eyes are on the next Fed meetings. Investors will closely monitor economic data and Powell's statements to assess the regulator's further actions.

#PowellRemarks