#GENIUSActPass

📣Highlights from Jerome Powell's speech so far⤵️

📌The economy is in a strong position.

📌Inflation remains above target.

📌The current situation is well-positioned to respond to any emergency that may arise.

📌Sentiments are tense,reflecting trade policy concerns.

📌We are experiencing an unusually volatile situation.

📌Labor market conditions remain strong.✔️

📌It will take some time for tariffs to reach consumers and for higher prices to be felt.🙄

📌When looking at expectations for the path of Federal Reserve policy,it is advisable to focus on the near term;the longer term is difficult to predict.