#PowellRemarks

๐Ÿšจ Powellโ€™s Remarks Shake the Market ๐Ÿ“‰๐Ÿ“ˆ

Fed Chair Jerome Powell spoke ๐Ÿ”Š, and the markets listened closely ๐Ÿ‘‚. He emphasized that inflation remains stubborn ๐Ÿ“Š and the Fed is not ready to cut rates just yet ๐Ÿ›‘๐Ÿ’ฐ. Powell highlighted the need for more evidence ๐Ÿ“‘ that inflation is heading sustainably toward the 2% target ๐ŸŽฏ.

While job growth remains strong ๐Ÿ’ผ and the economy is resilient ๐Ÿ’ช, Powell warned against premature easing โš ๏ธ. He reassured that the Fed is โ€œprepared to maintain current ratesโ€ โธ๏ธ for as long as needed ๐Ÿ•’.

Investors are now recalibrating their expectations ๐Ÿ“‰๐Ÿ“Š, with hopes for a rate cut later this year still alive but dimmed ๐Ÿ”ฆ. Powell's cautious tone reflects the Fed's commitment to price stability โš–๏ธ above all.

๐Ÿง Markets remain volatile as traders digest the Fedโ€™s signals ๐Ÿ”. Stay alert! ๐Ÿ“ฒ๐Ÿ“‰๐Ÿ“ˆ

$BONK