#PowellRemarks | Market on Edge
Federal Reserve Chair Jerome Powell signals a cautious stance on rate cuts, citing persistent inflation concerns.
"We're prepared to maintain current rates longer if needed," Powell stated, sending ripples across markets.
Stocks dipped, bond yields climbed — the message is clear: the Fed isn’t rushing.
Eyes now on the next CPI report.
#Fed #Inflation #InterestRates #JeromePowell #MarketUpdate #FinanceNews