🧊 Powell: the US labor market is cooling down, but there is no reason to panic! 🧠
📢 Fed Chair Jerome Powell stated that: — Yes, the US labor market is gradually slowing down
— But employment levels and wage growth remain high
— The economy is showing reasonable growth, and inflation is decreasing
🔍 There are currently no grounds for immediate action. The Fed will wait for new data before changing course.
⚖ This means: the market receives a signal of stability. The likelihood of a rapid rate cut is low, but no increases are anticipated.
📉 We expect a sluggish reaction from the markets — everything is already priced in. But any new reports could change everything.
#FOMC #Fed #Macroeconomics #PJW #CryptoNews
🛡 Not financial advice. DYOR.
