#PowellRemarks The Fed's decision to maintain interest rates was already anticipated by market participants. However, investors' focus has now shifted to statements regarding economic growth and inflation projections from The Fed Chairman, Jerome Powell.

Global uncertainty has increased, especially after the latest data showed the impact of President Donald Trump's trade tariff policies. Additionally, ongoing global conflicts and the surge in global crude oil prices have complicated the central bank's policy outlook from the US.

Although The Fed still projects a rate cut of 50 basis points this year, the pace of decline has been slowed due to concerns that tariffs could trigger inflation.