Powell Jerome Impact
Federal Reserve Chair Jerome Powell recently stated that the U.S. economy hasn’t cooled enough to justify a rate cut yet. He emphasized the need for patience, warning that cutting rates too early could risk inflation rising again.
Markets are now expecting the interest rate to remain at its current level (5.25%–5.50%) for a while longer. Powell mentioned that only if incoming data shows clear signs of inflation easing will the Fed consider rate cuts.
Investors should stay alert—policy decisions will be data-driven, not based on hope.#PowellRemarks