#PowellRemarks Statements by Jerome Powell, Chairman of the Federal Reserve
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**📈 Powell's Remarks Move Markets: Key Takeaways from His Latest Speech**
"The U.S. economy is strong, but inflation is still above target."
— Jerome Powell emphasizes the continued focus on reducing inflation while being cautious of economic risks.
Key Points: ☄️
✔️ Interest Rates: No cuts before being confident in inflation declining towards 2%.
✔️ Labor Market: Slight slowdown but still strong.
✔️ Warnings: Rushing to cut rates could cause inflation to rise again.
👈 Immediate Market Reactions:
📉 The Dow Jones index fell by 0.5% after the remarks.
📊 U.S. government bond yields rose.
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- If you are an investor: Watch for fluctuations in stocks and bonds.
- If you are a borrower: Delayed rate cuts mean continued high borrowing costs.
**What do you think?**
Is the Fed's plan realistic or does it threaten economic growth?
Share your opinion in the comments! 👇
#Powell #Inflation
#United_States #USDT