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.🧰 Labor market is strong 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