🏛🇺🇸 US Federal Bank | Jerome Powell:

• Recent readings on job gains and inflation are higher than expected, but do not fundamentally change the overall picture.

• The Federal Reserve has the appropriate time to monitor the data and make decisions.

• Stronger-than-expected economic activity this year has not materially changed the Federal Reserve's expectations that lower inflation will allow for such interest rate cuts

• It will take some time for monetary policymakers to assess the current state of inflation, making the timing of potential rate cuts uncertain$BTC $SOL $USDC