#PowellRemarks Chair Jerome Powell Speaks Out!
Markets are reacting sharply to the latest Powell remarks on inflation and interest rates. He emphasized the Fed's commitment to keeping inflation in check, hinting that rate cuts may still be far off.
💬 "We’re not confident yet that inflation is on a sustainable path to 2%."
📉 Stocks dipped, crypto saw mild volatility, and bond yields edged higher.
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