🚨🇺🇸 FED CHAIRMAN JEROME POWELL JUST SAID:
- #PEOPLE ARE WORRIED BUT SHOCK HASN'T HIT YET, DON'T SEE BIG ECONOMIC EFFECTS IN THE DATA YET FROM TARIFFS
Ek San
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🚨#POWELL SIGNALS PATIENCE AMID TRADE VOLATILITY, POLICY #UNCERTAINTY
🔹Trade swings complicate GDP tracking, Powell notes.
🔹Fed’s goals—max employment & stable inflation—may conflict amid current conditions.
🔹No urgency to adjust rates; decision to hold seen as “fairly clear.”
🔹Fed is “well positioned to wait for clarity” before acting.
🔹Ready to move swiftly if data shifts meaningfully.
Source: Federal Reserve Remarks$ETH $BTC
🔹Trade swings complicate GDP tracking, Powell notes.
🔹Fed’s goals—max employment & stable inflation—may conflict amid current conditions.
🔹No urgency to adjust rates; decision to hold seen as “fairly clear.”
🔹Fed is “well positioned to wait for clarity” before acting.
🔹Ready to move swiftly if data shifts meaningfully.
Source: Federal Reserve Remarks$ETH $BTC
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