🇺🇸 Jerome Powell stated that the Fed may consider easing monetary policy if the labor market continues to weaken.
Currently, employment is losing stability, the economy is slowing down, and the risks of job losses are increasing.
He noted that new tariffs could cause temporary pressure on prices, but due to the weakening labor market, the likelihood of prolonged inflation decreases.
According to the baseline scenario, the effect of tariffs will be short-term, and the regulator will not allow a one-time price spike to turn into persistent inflation.
Against the backdrop of these statements, all financial markets reacted with growth.