#Powell Spoke | Clear Messages from the FED again
longing again, disappointment again 😪
The US economy continues to remain strong despite global uncertainties. Inflation is approaching the FED's target of 2% and has significantly decreased compared to mid-2022.
#FED is maintaining its determination in monetary policy, and confidence in this strategy is complete. Stating that they have the capacity to respond flexibly and quickly to potential risks, #Powell emphasized that high tariffs are still causing some negative effects but that this impact is temporary.
Although a definitive decision regarding September has not yet been made, it was expressed that the decision will take shape with new data to be announced in the upcoming period.
In recent meetings, uncertainties were quite high, but it is noted that we may now be facing a different picture. Despite developments in trade agreements, #FED will make its final decision by waiting for more data. He says.
#fed #interest #powell #bitcoin #gold