JEROME POWELL'S SPEECH :

Federal Reserve Chair Jerome Powell’s recent speech at the Jackson Hole Symposium marked a pivotal moment for U.S. monetary policy. Powell expressed growing confidence that inflation is steadily returning to the Fed’s 2% target, citing encouraging economic data. He acknowledged a cooling labor market and hinted that restrictive policies may soon ease. “The time has come for policy to adjust,” Powell stated, signaling potential interest rate cuts after holding rates at a 23-year high. Markets responded positively, with stocks rising and bond yields falling. Investors now anticipate the Fed’s next moves as inflation and job reports continue to shape the outlook.