🚨 UPDATE: Jerome Powell Just Finished Speaking and Didn't Mention Rate Cuts or a Resignation 🗣️

Despite widespread speculation and rumors circulating on social media, Federal Reserve Chair Jerome Powell did not address the topics of interest rate cuts or his potential resignation during his recent speech. This comes after a period of heightened public scrutiny and pressure from President Trump regarding the Federal Reserve's monetary policy decisions.

Key Takeaways:

📉 No mention of rate cuts: Powell maintained the Fed's stance on keeping interest rates unchanged, emphasizing the need for careful assessment of economic data before making policy adjustments.

🚫 No resignation announcement: Despite circulating rumors, Powell did not indicate any intention to step down from his position.

🧠 Commitment to data-driven decisions: Powell reiterated the Fed's commitment to making monetary policy decisions based solely on economic data and analysis, free from political influence.

As of now, the Federal Reserve's policy remains steady, and Powell continues to lead the central bank with a focus on economic stability.

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