#PowellRemarks

Powell's remarks hold significant importance, especially for financial markets. When US Federal Reserve Chairman Jerome Powell makes a statement, it immediately affects assets like the dollar, stock market, and gold. His words signal to people whether interest rates will rise or fall in the future. If Powell takes a tough stance on inflation, the market tends to decline, but if he signals a softer policy, stocks and risk assets start to rise. Every investor and analyst listens to him intently, as this determines the direction of the economy.