#FOMCMeeting
🧠 POWELL PRESS CONFERENCE: FOMC Key Takeaways
#MyTradingStyle #FOMCMeeting #FedUpdate
📉 Fed Funds Rate:
✔️ Held steady at 4.25–4.50%
Chair Jerome Powell confirmed the Federal Reserve’s decision to pause rate changes for now, maintaining a cautious stance amid mixed economic signals.
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🗝️ Powell’s Key Remarks:
🔹 Two Rate Cuts Possible in 2025
Powell signaled the possibility of two interest rate cuts later this year, contingent on economic data—a dovish shift compared to earlier guidance, but not guaranteed.
> 🧠 Implication for traders: Expect volatility around CPI, labor market, and GDP releases. Every key macro report now carries more weight.
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🔺 Inflation Outlook Raised
The Fed revised its inflation forecast upward to ~3.0% for 2025, signaling slower progress toward the 2% target. This reflects persistent price pressures, especially in housing and services.
> ⚠️ Implication for markets: Sticky inflation could delay rate cuts or reduce their size.
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🌍 Global Trade Dragging Growth
The Fed trimmed growth projections, citing increased uncertainty from global trade tensions, particularly around China, Europe, and geopolitical instability.