๐จ Powell Drops a Bombshell! ๐จ
After months of waiting, Powell finally hinted at a September rate cut ๐๐ฅ
Key Takeaways:
โ๏ธ Risks are shifting โ policy may need adjusting
โ๏ธ Job market showing cracks, labor supply cooling
โ๏ธ Fed moving away from the old inflation targeting playbook
โ๏ธ Inflation expectations? No longer guaranteed stable
๐ Translation: The Fed is preparing to ease upโฆ and markets know what that means ๐๐