🚨 Powell’s latest remarks have markets buzzing!
👨🏼🚀 Federal Reserve Chair Jerome Powell dropped some truth bombs at the Economic Club of Chicago, signalling no rush to slash rates despite inflation cooling to 2.3% PCE in March 2025.
👉 With tariffs looming, he warned of a “stagflationary shock”—higher prices and slower growth—potentially pushing core PCE to 2.8% by year-end.
• The labour market? Still solid at 4.1% unemployment, but Powell’s eyeing risks like trade wars and geopolitical chaos.
Markets dipped, but crypto stayed unfazed, riding ETF hype.
• Will the Fed hold steady into 2026?
• FOMC minutes drop soon—stay locked!