#PowellRemarks reasonable.
- The FED will make more "wise" decisions if it waits a few more months.
- The FED predicts there will be a "significant" level of inflation in the coming months. While the unemployment rate remains at a "reasonable" level.
- The FED is currently in a favorable position to wait before making policy adjustments.
- Mr. Jerome Powell declined to directly answer questions about the recent harsh remarks from President Trump.
👉 As expected, the FED Chairman has chosen a cautious approach.