#PowellRemarks Federal Reserve Chair Jerome Powell delivered key remarks today, influencing markets:
📉 Inflation Progressing Slowly
Still above 2% target, though easing gradually
Fed remains cautious about declaring victory
🕰️ Rate Cuts Not Imminent
"More data needed" before any interest rate cuts
Markets expecting possible cut by September
🧠 Balanced Approach
Emphasized data-dependent policy
Watching labor market & inflation expectations
📊 Market Reaction:
Stocks and crypto showed mild volatility
Bond yields slightly up; dollar strength mixed.
