#PowellRemarks

Powell's Statements Reshape Market Sentiment

Today, Federal Reserve Chairman Jerome Powell made important statements that directly affected the financial markets, indicating that:

📉 Inflation is still above the target level (2%), making policymakers "cautious" about lowering interest rates at this time.

📈 The U.S. economy remains strong, and the labor market is not showing significant signs of weakness so far.

💬 Powell confirmed that the Fed is "not in a hurry" to cut rates and needs more data showing a clear slowdown in inflation before taking any action.

📊 Markets reacted immediately:

Gold fell due to rising expectations of keeping interest rates high for a longer period.

The dollar rose against other currencies.

Stock markets experienced volatility amid a sense of caution and anticipation.

🧠 Translation of the statements for investors:

The message is clear: do not expect a quick rate cut, but the door remains open if the economy or inflation slows suddenly.