📢 Key Points from Powell's Latest Speech

Federal Reserve Chairman Jerome Powell stated that the central bank needs to be more confident about inflation 'consistently moving towards the 2% target' before considering interest rate cuts. Although recent data shows that inflation has eased somewhat, the Federal Reserve remains cautious.

💬 'We are prepared to maintain current rates for the appropriate amount of time.' — Powell

🔍 The market is closely watching future developments, but for now, the Federal Reserve is keeping interest rates unchanged.

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