🇺🇸 WHY ARE MARKETS PUMPING? JEROME POWELL JUST SAID:
* Current conditions may justify a rate cut.
* Fed could ease policy if the labor market allows.
* Risk balance shift may require policy adjustment.
* Rising risks of lower employment.
* Risk balance moving toward a weaker job market.
* GDP growth is slowing as consumer spending drops.
* Tariffs could fuel inflation — but unlikely given labor market weakness.
