CoinVoice has recently learned that, according to the Wall Street Journal's famous reporter Nick Timiraos, known as the "mouthpiece of the Federal Reserve," Federal Reserve Chairman Powell opened the door for a possible rate cut as early as next month's meeting on Friday. He stated that the labor market may face a more severe slowdown, which could alleviate concerns about rising inflation driven by tariff-induced cost increases.

However, Powell's remarks, by emphasizing concerns about inflation, eased market expectations for consecutive aggressive rate cuts by the Federal Reserve. Inflation has remained above the Federal Reserve's 2% target for more than four years. [Original link]