Summary of FOMC: Recent Remarks by Jerome Powell
📢 Important Points from the Fed Chair:
🔹 Interest rates are still higher than the target.
🔸 The economy is beginning to show signs of slowing down.
🔹 No decision has yet been made regarding the interest rate for the upcoming September meeting.
🔸 The Fed remains flexible and ready to adjust based on new data.
🔹 Tariffs on imported goods have had some impact on interest rates, but the overall effect is still uncertain.
🔍 The market is waiting for clearer signals ahead of the next meeting.
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