#PowellRemarks
#PowellRemark Highlights
Fed keeps rates steady at 4.25–4.50%.
Inflation still “meaningful,” core projected at 3.0% for 2025.
Growth slowing; GDP forecast 1.4%, unemployment 4.5%.
Powell cautious: No clear timeline for rate cuts amid elevated risks.
Markets wary of hawkish tone despite easing hopes.
Stay tuned for updates!