#PowellRemarks

Fed Chair Powell’s Latest Remarks: Key Takeaways

In today's speech, #Fed Chair Jerome #Powell highlighted several critical points on inflation, interest rates, and economic growth. Here’s what you need to know:

🔹 **Inflation Progress**: Powell noted that inflation remains above the 2% target but acknowledged signs of moderation. The Fed remains cautious but data-dependent.

🔹 **Rate Cut Timing?** Markets were watching for hints on rate cuts—Powell emphasized the need for "greater confidence" that inflation is sustainably slowing before any policy easing.

🔹 **Labor Market Strength**: Despite cooling job growth, the labor market remains solid, reducing urgency for immediate rate cuts.

🔹 **Economic Resilience**: The U.S. economy continues to show resilience, but the Fed is closely monitoring risks, including geopolitical tensions.

**Market Reaction**: Stocks were volatile as traders parsed Powell’s balanced tone—no major surprises, but patience remains the Fed’s mantra.

**#PowellRemarks #FederalReserve #Economy #Markets #Inflation