๐บ๐ธ **Daily, Fed Chair (unofficial Powell spokesperson):**
โ๏ธWe may need to adjust Fed policy in the coming months (hinting at a rate cut).
- We can't wait for perfect clarity on inflation to act.
- Tariffs are unlikely to keep pushing inflation up in a way that requires monetary policy compensation.
- The labor market has weakened, and further slowdown would be undesirable.
- We need to reassess monetary policy to align with risks to the Fed's goals.
- The Fed must do more to bring inflation down to 2%.
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