#PowellRemarks

Federal Reserve Chair Jerome Powell’s latest remarks signaled a cautious but steady approach toward rate cuts, citing the need for more evidence of cooling inflation. Markets reacted swiftly—stocks surged while the dollar dipped slightly. Traders interpreted Powell’s tone as dovish, increasing bets on a rate cut as early as September. Bond yields saw a mild pullback, and tech stocks led the rally, highlighting investor optimism. Powell emphasized data dependency and ruled out premature easing, but his balanced tone offered relief to jittery markets. This speech is now seen as a pivotal moment that may shape trading strategies in the weeks ahead.