#PowellRemarks **📈 Powell's statements move the markets: Highlights from his latest speech**
"The American economy is strong, but inflation is still above target."
— Jerome Powell emphasizes the continued focus on reducing inflation while being cautious of economic risks.
Key points: ☄️
✔️ Interest rates: No cuts before trusting in a decline of inflation towards 2%.
✔️ Labor market: Slight slowdown but still strong.
✔️ Warnings: Rushing to cut interest rates could send inflation back up.
👈 Immediate market reactions:
📉 The Dow Jones index fell by 0.5% after the statements.
📊 Rise in US government bond yields.
👇
- If you are an investor: Watch for stock and bond volatility.
- If you are a borrower: Delayed interest rate cuts mean continued high loan costs.
**What do you think?**
Is the Federal Reserve's plan realistic or does it threaten economic growth?
Share your opinion in the comments! 👇
#Powell #Inflation
#United_States