#PowellRemarks to the statements of Jerome Powell, Chairman of the U.S. Federal Reserve (the Fed), regarding monetary policy and the economy. In recent sessions (such as Fed meetings or congressional hearings):
#Key Points:
- Monetary Policy: Emphasis on caution in lowering interest rates, awaiting further data on inflation (target 2%).
- U.S. Economy: Indication of the strength of the labor market and a balanced slowdown in economic growth.
- Inflation: The necessity for the Fed to be confident in its continued decline before any easing of policy.
#Impact:
- Guiding market expectations regarding the timing of interest rate cuts (such as delaying cuts to (2025) in some forecasts).
- Mixed reactions in the markets between optimism about protecting the economy and caution due to uncertainty.