Fed Chair Jerome Powell Speaks – Markets React 📉📈
In his latest remarks, Federal Reserve Chair Jerome Powell emphasized the need for more evidence of cooling inflation before cutting interest rates.
🔑 Key Takeaways:
📊 Inflation is still "too high", despite recent improvements
🏦 The Fed will stay data-dependent and won’t rush rate cuts
📉 Rate cuts in 2025? Possible — but not guaranteed
📈 Market volatility expected as traders adjust their rate expectations
Powell also noted that the U.S. economy remains strong, especially in the labor market, but the Fed is walking a tightrope between controlling inflation and avoiding recession.
💬 Investor sentiment? Mixed. Risk assets dipped slightly, while yields remain elevated. Crypto markets also showed slight retracements following the cautious tone.
🔎 What do you think — is the Fed too slow or playing it smart?
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