The Fed has kept its benchmark rate steady at 4.25%-4.50% for the fourth consecutive meeting, matching market expectations. 🗣️ Chair Powell emphasized: Inflation expectations are now higher than in Sept 2024, mainly due to tariff pressures Labor market is cooling slowly, but strong participation and wage growth ease concerns The Fed will wait for more data before its next move 📊 Markets now price in a 71% chance of a rate cut in September! 💬 What’s your take? When will the Fed begin cutting rates? How will this impact major currencies like USD, EUR, and JPY? What adjustments should traders consider in their current strategies?
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
📢 #Powell Speech
The Fed has kept its benchmark rate steady at 4.25%-4.50% for the fourth consecutive meeting, matching market expectations.
🗣️ Chair Powell emphasized:
Inflation expectations are now higher than in Sept 2024, mainly due to tariff pressures
Labor market is cooling slowly, but strong participation and wage growth ease concerns
The Fed will wait for more data before its next move
📊 Markets now price in a 71% chance of a rate cut in September!
💬 What’s your take?
When will the Fed begin cutting rates?
How will this impact major currencies like USD, EUR, and JPY?
What adjustments should traders consider in their current strategies?