#FOMCMeeting

👇 Summary of FED Chair Powell's comments:

🟡 Current policy stance "leaves us well positioned"

🟡 Moderation of growth reflects a slowdown in consumer spending

🟡 Activity in the US housing sector remains weak

🟡 Inflation in the US remains "somewhat elevated"

🟡 Tariffs are "pushing up prices" in some goods

🟡 "Changes to government policy continue to evolve"

The Fed pause continues.