#PowellRemarks

What Did the Fed Just Signal?

Jerome Powell’s latest remarks sent ripples across markets once again!

Here are the key takeaways:

No rush to cut rates: Inflation is still "too high", and the Fed wants to see more progress.

Data-dependent approach: Powell reiterated that future decisions will rely heavily on economic data.

Labor market cooling: Signs of slowing down, but still strong enough to support the current stance.