๐จ *Powell: Fed Still Cautious on Tariffs & Inflation* ๐๏ธ๐
After holding interest rates steady at the latest FOMC meeting, Jerome Powell emphasized the Fed is *being cautious about cutting rates* because of *Trumpโs tariffs* and the risk of *rising inflation*. ๐๐ฅ
๐ฌ *What Powell said:*
- Tariffs could push prices higher, feeding inflation pressures.
- The economy is strong but these risks make the Fed hesitant to ease monetary policy too soon.
- Patience is key before any rate cuts happen.
๐ฎ *Predictions & analysis:*
- Expect no quick rate cuts โ the Fed wants to see clear signs inflation is under control first. โณ
- Tariffs keep inflation risks alive, meaning the market could stay volatile for a while.
- Long-term, if tariffs ease or inflation cools, rate cuts could come later in 2025.
๐ก *Bottom line:* Fedโs cautious approach means investors should stay alert and hold steady for now! ๐๐