🌟 Powell's speech today reassures the markets 🌟
In his speech today during the Jackson Hole Economic Symposium, Jerome Powell, the Federal Reserve Chair, emphasized the Federal Reserve's commitment to reducing inflation and maintaining price stability. He confirmed that the biggest risk is not tightening monetary policy but failing to restore price stability – a positive indicator for long-term investors.
📊 The markets reacted calmly:
Gold prices stabilized, with investors watching closely.
Japanese stocks saw a slight increase, reflecting confidence in the Federal Reserve's prudent actions.
💡 The most important message: The U.S. monetary policy continues on its measured path, providing a more stable environment for both traders and investors.