#PowellRemarks Jerome Powell, the head of the Fed, recently gave a speech that caught the market’s attention. While he didn’t shake things up too much, there were three key takeaways worth noting.

First off, Powell pointed out that inflation is still a bit too high for the Fed’s liking, even though it has cooled down compared to last year. So, while there’s progress, the battle isn’t over just yet.

Second, he emphasized that the U.S. labor market is still going strong, which is great news. But he also noted that wage growth is starting to ease—a signal that things might be gradually rebalancing…