🔔 More from Fed Chair Jerome Powell Speach🔔
• No hints about rate cuts today.
• Powell made it clear: data, not market pressure, will guide Fed decisions.
• Inflation is still above 2%, and the labor market remains strong, making cuts less urgent.
📅 Now all eyes on 30 July next FOMC meeting.
🎯 Bottom Line:
No policy shift yet. Until inflation drops and labor cools, don’t expect rate cuts anytime soon.