#PowellRemarks sooo… we are going to wait at least until september before we see a rate cut. All the geopolitical turmoil and not much of the tariffs have been cleared up giving Powell a valid excuse to keep rates unchanged.

We probably would have had a rate cut if the tariff war didnt start in the first place, now you add the Israel-Iran war and it looks bleaker. Hopefully this doesnt go for the worst and turn into a black swan event