#PowellRemarks
Summary of Powell's Speech
## 🔹 **Key Points of the Speech:**
✅ **Inflation:** Still above 2% but slowly declining.
✅ **Interest Rate Cut:** -25 basis points (now: 4.25%-4.5%).
✅ **U.S. Economy:** Strong and no recession expected soon.
#### 💼 **Market Impacts After the Speech:**
- **Stocks 📊:**
- **Technology 🚀↑** (Optimism about supportive monetary policy).
- **Dow Jones ⬇️** (Some sectors under pressure).
- **Gold 💛↓** (Below $1800 due to prospects of future interest rate hikes).
- **Oil 🛢️↑** (Improved demand forecasts with a strong economy).
#### 🔮 **Future Outlook:**
- The Fed **will move cautiously** – any new decision depends on:
- **Inflation** Data 📉
- **Labor Market** 💼