🟥 #Powell Cautions: “Zero Rates Still Pose a Risk” ⚠️
🎙️ Fed Chair Jerome Powell sounds the alarm:
▪️ Zero interest rates remain a danger to the financial system and must be re-evaluated.
▪️ The Fed is internally debating its approach to:
— Mid-term inflation
— Underemployment levels
📊 Eyes are on April’s PCE data, projected at 2.2% a key clue for what comes next in Fed policy!
📉 Will the #Fed shift its stance soon, or wait for more heat from inflation before acting?