#PowellWatch
*Powell Watch: Fed's Next Move š*
Jerome Powell, the Federal Reserve Chair, holds significant influence over the US economy. šø As inflation concerns persist, markets are eyeing Powell's every move. š
*Key Takeaways š*
- Powell's speeches and testimony can sway markets.
- Interest rate decisions impact borrowing costs and spending.
- The Fed's dual mandate: maximum employment and price stability.
*Market Impact š*
- Powell's words can boost or tank stocks and bonds.
- Traders closely watch FOMC meetings and economic data.