๐บ๐ธ Key takeaways from Jerome Powell's FOMC press conference:
โ Inflation is still above the target level.
โ The Federal Reserve is committed to its dual mandate.
โ Economic growth appears to have slowed, according to recent data.
โ The current policy stance provides flexibility to make adjustments.
โ Tariffs have contributed to inflationary pressure on certain goods, but the broader impact is unclear.
โ No decisions have been made yet about the September meeting.