โคต๏ธ๐ Financial markets are reacting positively to statements from Jerome Powell, the Chairman of the Federal Reserve.
๐๐ฆ Jerome Powell announces that โthe time has comeโ to lower interest rates by the Federal Reserve.
๐ก๐ฌ The Chairman of the Federal Reserve has given the strongest indication yet that interest rate cuts are imminent.
โ๏ธ๐ The extent of monetary tightening in the coming months will depend on balancing risks across the U.S. economy.
๐ฅ๐ Powell stated: โWe are neither seeking nor welcoming further slowing of labor market conditions.โ
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