🚨Key Takeaways from Fed Chair Powell’s Testimony ▫️ The
Ihtisham_Ul Haq
Updated at: 8 hours ago
{"content":"🚨Key Takeaways from Fed Chair Powell’s Testimony
▫️ The Fed is in no rush to cut rates – sticking to a “wait and see” approach
▫️ Tariffs may increase inflation and slow economic growth
▫️ No clear signal on upcoming rate cuts
▫️ Labor market remains solid and resilient
▫️ Inflation has cooled but is still "somewhat elevated"
➡️ Bottom line: Powell gives no indication of rate cuts in prepared testimony. 😐","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/24/77242abd6add4c11ba2b69ab92776c9a.png"],"tags":[],"tradingPairs":[],"quotearticleid":0}