#PowellRemarks

🚨 Fed Holds Steady Again: What’s Next? 🚨

The Federal Reserve has kept interest rates unchanged for the fourth straight meeting, 🇺🇸 signaling a cautious stance despite cooling inflation. Chair Jerome Powell emphasized that more evidence is needed before moving toward cuts. The Fed’s outlook hints at two potential rate cuts in 2025, but nothing is certain for this year.

Meanwhile, former President Trump stirred the pot again calling Powell “stupid” and demanding an aggressive 2% rate cut to stimulate growth ahead of the election season. 📊

With the economy sending mixed signals, investors are left guessing: Are cuts still on the table for late 2024, or will the Fed hold firm to avoid reigniting inflation?