🚨📊 Summary of Powell's Speech – Jackson Hole
The American Federal Reserve indicated today that it may need to adjust monetary policy if the balance of risks changes:
• Inflation still tends to rise 📈
• Clear slowdown in growth and the labor market 📉
• Weak consumer spending affected GDP 🛒
• Unemployment is stable, giving the Fed room to maneuver 👷♂️
• Effects of tariffs have begun to show, and their accumulation is expected later ⚠️
⚖️ Summary: The Fed is navigating between the fire of inflation and labor market pressures, and upcoming data (inflation and jobs) will be crucial for market direction.
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