Summary of POWELL'S PRESS CONFERENCE 🇺🇸

1.💪 The economy is strong, but growth is moderating

2.📉 Consumption is slowing down, housing remains weak

3.📊 Inflation still above 2%, but decreasing since 2022

4.🧰 Strong labor market but with downside risks

5.📦 Tariffs are starting to pressure prices, effect still uncertain

6.🔎 Upcoming data will be key to define the September meeting

7.🏦 Moderately restrictive policy remains for now

8.🧾 GDP and PCE in line, but Powell emphasizes: “No decisions have been made yet”

9.🔄 Two members wanted a cut now, the majority opted to maintain

10.🧭 Fed remains independent and focused on its dual mandate