#PowellRemarks 🗣️ Key points from Powell's statements:
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🔎 Quick interpretation: What does this practically mean?
Actual expectations for interest rates remain unchanged, and potential cuts will not begin at the earliest until Fall 2025, with overall declines remaining moderate. Economic data is very important, especially the impact of tariffs and prices. The Fed will pause until it is certain about the actual direction of inflation. Central bank independence: Powell confirmed his rejection of any political pressure, despite threats of his dismissal, and reiterated his continued commitment to a data-driven policy.
Would you like me to delve deeper into details such as expected interest rate cuts, the impact of tariffs on inflation, or a broader analysis of his statements? Just let me know 😊