#CutRatesNow

What a long-winded way .... CUT RATES are you satisfied, Mr. President? 😁

IN SUMMARY

Chairman Powell said the Fed needs to be cautious. He did not promise to cut interest rates but strongly suggested that a cut may happen at the meeting in September.

Powell signaled that the Fed may soon ease but must proceed slowly and carefully.

👉 Americans also like to speak in circles like us, huh? 😁