#PowellRemarks #PowellRemarks Jerome Powell's Statements: The Markets' Compass in a Volatile World 📉💵
*Effects of His Speech on the Markets**:
- **Rise of the Dollar**: Strengthened against major currencies due to high interest rate policy.
- **Decline of Gold**: With signals of delaying monetary easing.
- **Reduction in Interest Rate Cut Expectations**: From 25 basis points in 2025 to twice instead of three times.
Amidst the hawks of caution and the doves of optimism, Powell reminds everyone:
> "Risks are still on the horizon.. and resilience is our weapon".
