#PowellWatch

"Keeping an eye on #PowellWatch! Jerome Powell, the Federal Reserve Chair, has been making significant moves in monetary policy. Recently, he mentioned that the Fed is committed to bringing inflation down to its 2% target while supporting maximum employment.

Some key points to watch ¹:

- *Interest Rate Decisions*: The Fed has been lowering interest rates to adjust policy restraint, with careful consideration of incoming data and economic outlook.

- *Inflation Progress*: Inflation has eased substantially from its peak, and the Fed expects it to continue moving sustainably down to 2%.

- *Economic Growth*: The US economy has shown remarkable strength, with economic output growing over 3% last year and expanding at a 2.5% rate this year.

Stay tuned for updates on #PowellWatch and the impact of monetary policy decisions on the economy! 📊💸"