{"content":"$GIGGLE 🚨📢 The Chairman of the Federal Reserve, Jerome Powell, warned that the market should not expect much from interest rate cuts in December 🚨 Warning about rate cuts He confirmed that inflation is still above the central bank's target ⬆️ Inflation above target and the US economy is showing greater resilience than expected 💪 Economic resilience He said the next steps in monetary policy will be cautious 🛡 Cautious policy and depend on the latest economic data 📊 Data-driven decisions Powell added that the central bank is monitoring the impact of high interest rates on the labor market 👥 Impact on labor market and domestic consumption Impact on domestic consumption, and noted that more evidence is needed to cut interest rates without risking a resurgence in price pressures ⚠️ Need for more evidence Powell's statements caused major indices on Wall Street to decline 📉 Market reaction due to investor concerns about continued tight monetary policy 💸 Investor concerns The central bank is committed to maintaining price stability 🛡 Commitment to stability without sacrificing economic growth significantly 📈 Balancing growth Some analysts expect interest rates to be cut in the first half of 2026 📆 Expected rate cuts This comes in the context of the difficult balance the central bank faces in maintaining economic stability ⚖️ Delicate balance #FOMCMeeting #MarketUptober #US-EUTradeAgreement #PowellRemarks #PowellSpeech ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025112025/11/02/8cb5972cdac64351b2583645516e7199.jpg"],"tags":[],"tradingPairs":["GIGGLE/USDT"],"quotearticleid":0}