đš Jerome Powell Holds the Line on Rate Cuts â âPatience Over Pressureâ
đ In todayâs Capitol Hill testimony, Fed Chair Jerome Powell reaffirmed the FOMCâs wait-and-see stance on interest rate cuts.
đą Powell emphasized that the Fed remains comfortable waiting rather than rushing into policy easing â signaling that economic stability > political urgency.
â ïž He also plans to address the potential inflationary risks of Trump-era tariffs, warning they could reignite price pressures across the economy.
đ As markets hang on every word, the message is clear: the Fed is cautious, calculated, and not easily swayed.
đ Whatâs your take on the Fedâs strategy? Time to cut, or wait it out?
#FOMC #FederalReserve #InterestRates #Inflation
https://coingape.com/jerome-powell-maintains-position-on-fed-rate-cuts-in-capitol-hill-testimony/