🚨 Inflation has dropped a lot, but short-term inflation fears are rising 🚨 New tariffs are way bigger than expected 🚨 Future inflation depends on how big the tariffs are, when they hit, and what people expect 🔸 Fed isn’t rushing to change policy right now 🔸 There's a lot of confusion about where tariffs are heading 🔸 We’ll get a clearer picture week by week 🔸 No timeline on when this will settle 🚨 If needed, the Fed can act fast 🚨 Powell admits he’s not sure what the best rate path is 🚨 President pushing for rate cuts doesn’t affect their decision 🔸 Powell says uncertainty is super high 🔸 Risks are growing, but no major hit to the economy—yet 🔸 People are nervous, but the real impact hasn’t shown up in data 🔸 Powell won’t guess about future rate cuts—says wait for June 🚨 Says he’s never asked to meet the President—and wouldn’t 🔸 Also confirms: President hasn’t asked to meet him either. #FOMCMeeting
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