🔴LIVE: 🇺🇸POWELL SIGNALS POLICY SHIFT AMID RISING JOBS RISK

🔹Fed Chair Jerome Powell ⚠️warned that the balance of risks has shifted, with downside pressures on employment growing while tariffs are visibly lifting consumer prices.

🔹He stressed that stable inflation expectations can’t be taken for granted, and announced the Fed is abandoning its 2020 flexible average inflation targeting framework.

🔹Powell left the door open to rate cuts, citing rising job risks, but stopped short of making a firm commitment.