Highlights from Powell's speech are as follows;

- The current monetary policy stance is in a position to respond quickly to potential developments,

- They stated that they have not yet made a decision regarding September and that they will decide based on the data.

- Despite increasing uncertainty, the economy is in good shape.

- Unemployment remains low and continues to move within a narrow band.

- Our monetary policy is moderately tightening.

- Inflation has decreased compared to 2022 but is still high.

- There are developments in the tariff negotiations, but we still want to wait. There is still a lot of uncertainty.

- We are starting to see some upward movement in consumer prices.

- What we are currently seeing is the initial stage of inflation caused by customs duties.

#FED # interest #powell