#PowellRemarks #PowellRemarks Update Fed Chair Jerome Powell signaled that while inflation has cooled slightly, it's still too high for rate cuts to begin. He emphasized a data-dependent approach moving forward, saying the Fed needs “greater confidence” before adjusting rates.

Markets remain cautious as interest rate cuts may be delayed longer than expected.

All eyes now turn to upcoming economic data for the next move.

#FederalReserve #InterestRates #Inflation #FOMC #MarketWatch