#MetaplanetBTCPurchase Federal Reserve Chair Jerome Powell's recent #PowellRemarks highlighted the central bank's cautious approach to interest rate changes amid ongoing inflation concerns. Powell emphasized that while inflation has eased from its peak, it remains too high, and further data is needed before considering rate cuts. He reiterated the Fed's commitment to achieving its 2% inflation target and stressed patience in policy adjustments. Powell also acknowledged strong job growth and economic resilience, but noted the importance of closely monitoring evolving financial conditions. His remarks reinforced a data-driven stance, leaving markets uncertain about the timing of potential monetary easing in 2025.
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