#PowellRemarks Federal Reserve Chair Jerome Powell’s recent remarks highlighted the ongoing challenges in balancing inflation and economic growth. Powell stated that while inflation has come down from its peak, it remains above the Fed’s target, and more data is needed before considering any rate cuts. He emphasized that the Fed will proceed carefully, watching labor market trends and price stability indicators. Investors are now adjusting their expectations for potential monetary policy shifts in the coming months. Powell’s cautious tone signals that the central bank is not in a rush to ease rates, prioritizing sustainable economic conditions. Stay tuned! 📊💬
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