#PowellRemarks Powell Remarks Shake the Markets Again
Federal Reserve Chair Jerome Powell made waves today with his latest comments on inflation and interest rates. ๐ฆ๐ฌ
๐น Powell reaffirmed the Fed's data-driven stance, saying,
"Weโre prepared to maintain restrictive policy until inflation is clearly moving toward our 2% target."
๐น He also hinted at caution against premature rate cuts, sparking mixed reactions across Wall Street. ๐๐
Federal Reserve Chair Jerome Powell made waves today with his latest comments on inflation and interest rates. ๐ฆ๐ฌ
๐น Powell reaffirmed the Fed's data-driven stance, saying,
"Weโre prepared to maintain restrictive policy until inflation is clearly moving toward our 2% target."
๐น He also hinted at caution against premature rate cuts, sparking mixed reactions across Wall Street. ๐๐