🔥 Powell's Statements Worry Markets! 🔥
• Federal Reserve Chairman Jerome Powell issued a clear and predictable warning:
⬅️ Most believe that a rate cut would be an appropriate option later this year... but
The fate of interest rates depends entirely on the future trajectory of the economy!
• Powell confirms that the Fed is not backing down from its fixed target: inflation at just 2%!
• However, there is considerable uncertainty... Policymakers will remain in a state of anticipation until they understand the implications of tariffs on prices.
• These tariffs will put pressure on inflation and raise it!
• Meanwhile, Trump is demanding that the Fed cut interest rates this morning, making matters worse!
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