#PowellRemarks Summary of what was said in Powell's speech

## 🔹 **Key points of the speech:**

✅ **Inflation:** Still above 2% but slowly decreasing.

✅ **Interest rate cuts:** -25 basis points (now: 4.25%-4.5%).

✅ **American economy:** Strong and a recession is not expected anytime soon.

#### 💼 **Market impact after the speech:**

- **Stocks 📊 :**

- **Technology 🚀↑** (Optimism about accommodative monetary policy).

- **Dow Jones ⬇️** (Some sectors under pressure).