#PowellRemarks Powell says that higher rates will strengthen inflation in the country, they are "too high" than expected. "We are facing extremely uncertain risks, both of rising unemployment and rising inflation." Investors were hoping for Powell's speech to provide confidence that the Fed might be ready to take supportive measures as it did in previous moments of extreme market pressure, while Trump himself wrote on his social network that now is the "perfect time" for the Fed to lower interest rates.$ETH
