NOW: Key takeaways from Powell’s FOMC press conference
• Risks now tilt toward jobs, not just inflation
• Labor supply is weakening with demand
• Fed scraps flexible average inflation targeting
• Stable inflation expectations no longer assumed
• Signals possible rate cut in September
it took one statement to see a huge pump
$ENA $ADA
• Risks now tilt toward jobs, not just inflation
• Labor supply is weakening with demand
• Fed scraps flexible average inflation targeting
• Stable inflation expectations no longer assumed
• Signals possible rate cut in September
it took one statement to see a huge pump
$ENA $ADA