#PowellRemarks ๐ง ๐ refer to the latest statements by Federal Reserve Chair Jerome Powell, where he addressed the U.S. economic outlook and interest rate policy. The Fed kept rates steady at 4.25%โ4.5% for the fourth straight meeting ๐ฆ. Powell emphasized caution due to uncertainty around inflation, tariffs, and fiscal policy โ๏ธ. He acknowledged progress on inflation but noted it's not yet at the 2% target ๐ฏ. Markets reacted to his dovish tone, expecting two rate cuts by year-end ๐. Powell avoided firm predictions, stressing data-dependence and flexibility. His remarks are closely watched for clues on future monetary moves ๐๐ฌ. Steady hands, watchful eyes. ๐๐ผ
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