#PowellRemarks#PowellRemarks continue to be a dominant force in global markets. The latest Federal Reserve meeting, concluding yesterday, saw Chair Jerome Powell reiterate a cautious stance on interest rate adjustments. Despite some cooling inflation, new tariff concerns, particularly those imposed by the Trump administration, are now a significant factor. Powell highlighted that these tariffs could push prices higher, complicating the inflation outlook. While the Fed still projects two rate cuts this year, the timeline remains uncertain, emphasizing a "wait-and-see" approach. The economy's "solid" position allows for patience, but the potential for tariff-driven inflation demands careful monitoring. Investors are closely scrutinizing every word for clues on future monetary policy.
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