🚨Powell Speech Summary
▫️The Fed might need to change its policy if risks shift.
▫️Job losses could rise, which is a concern.
▫️Fed is moving away from its old 2020 “flexible inflation target” approach.
▫️Tariffs are now clearly making goods more expensive.
▫️Stable inflation isn’t guaranteed.
▫️Powell mentions job risks and hints at possible rate cuts, but doesn’t promise them.
▫️He thinks tariff-related inflation is temporary.
▫️Overall, the balance of risks could mean the Fed needs to adjust its plans.
Bullish for market. 🚀
