A stern message from the Federal Reserve
The head of the U.S. Federal Reserve, Jerome Powell, stressed that the battle against inflation is not over yet, noting that the latest data does not show any major improvement in the underlying price trends.
đŻ The Fedâs goal remains clear: to bring inflation back to 2%. If inflation does not move toward that target at the required pace, the central bank has âwork to doââan indication that raising interest rates is still on the table.
For the markets, Powellâs hawkish tone suggests that pressure on high-risk assets, including stocks and digital currencies, may persistâespecially if expectations of tighter monetary policy rise in September.
The question now:
Is the market preparing for another wave of tightening⌠or will the coming inflation data give the Fed room to ease?
#WarshSaysInflationIsFedTopFocus
The head of the U.S. Federal Reserve, Jerome Powell, stressed that the battle against inflation is not over yet, noting that the latest data does not show any major improvement in the underlying price trends.
đŻ The Fedâs goal remains clear: to bring inflation back to 2%. If inflation does not move toward that target at the required pace, the central bank has âwork to doââan indication that raising interest rates is still on the table.
For the markets, Powellâs hawkish tone suggests that pressure on high-risk assets, including stocks and digital currencies, may persistâespecially if expectations of tighter monetary policy rise in September.
The question now:
Is the market preparing for another wave of tightening⌠or will the coming inflation data give the Fed room to ease?
#WarshSaysInflationIsFedTopFocus
