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🚨 Powell’s Key Takeaways 🚨
🟠 Inflation mainly driven by goods prices this year.
🟠 Tariff-driven price pressures expected to last into 2026.
🟠 Fed can no longer say the labor market is “solid.”
🟠 No broad support for a 50bps cut today.
🟠 Powell: “We don’t feel the need to move quickly on rates — waiting was the right call.”
💭 What do you think: gradual cuts or bigger moves ahead?
#FED Powell #Rates Inflation #Markets