#PCEInflationWatch

After making a historic pivot by cutting interest rate by 50 basis points, Fed Chair Jerome Powell has hinted additional cooling ahead

Federal Reserve Chair casts doubts on future rate cuts

Jerome Powell said cuts will depend on economic and market condition

Other central banks are also cutting rates at the moment

After the United States Federal Reserve cut interest rates by 50 basis points, the first of its kind in 4 years, all eyes are now fixed on Jerome Powell for his speech. Typically, this speech offers insights into what to expect from the Federal Open Market Committee (FOMC) moving forward. With a cool-down in monetary policy, the market optimism appears inflamed.

After making a historic pivot by cutting interest rate by 50 basis points, Fed Chair Jerome Powell has hinted additional cooling ahead

Federal Reserve Chair casts doubts on future rate cuts

Jerome Powell said cuts will depend on economic and market condition

Other central banks are also cutting rates at the moment

After the United States Federal Reserve cut interest rates by 50 basis points, the first of its kind in 4 years, all eyes are now fixed on Jerome Powell for his speech. Typically, this speech offers insights into what to expect from the Federal Open Market Committee (FOMC) moving forward. With a cool-down in monetary policy, the market optimism appears inflamed.