🇺🇸 Summary of Powell's Statements – Federal Reserve Meeting (FOMC):

🔹 Jobs are the main risk now ➝ Inflation is no longer the only challenge.

🔹 Supply and demand in the labor market are declining together.

🔹 Cancellation of the "Flexible Average Inflation Target" policy previously adopted by the Fed.

🔹 Inflation expectations: There is no longer an assumption that they will return to stability automatically.

🔹 Direct signal ➝ Possibility of an interest rate cut in September.

💡 These statements may mean that the Fed has become more concerned about growth and employment than inflation, which opens the door for a more accommodative monetary policy.