#DiversifyYourAssets
In his LIVE meeting:
🟢 Powell: It is essential to ensure that rising prices do not lead to persistent inflation.
🟢 It has become clear that tariffs will rise beyond expectations, which will reflect on the economy at the same level.
🟢 The Federal Reserve is committed to preventing any one-time price increase from turning into long-term inflation.
🟢 Although most long-term inflation indicators remain stable, the outlook remains uncertain, with increasing risks of unemployment and inflation.
🟢 The level of uncertainty is high, and economic risks are increasing, but the economy is still in good shape.
🟢 Progress toward achieving the inflation target of 2% has slowed significantly.
🟢 Surveys reflect weak expectations and an increase in uncertainty due to new federal policies, especially in the trade sector.
🟢 Tariffs will clearly lead to a temporary increase.