Stubborn Reality: Powell insists that there is no rush to cut interest rates, keeping the Federal Reserve in check and following the economy carefully—only acting when jobs weaken. Patience is the name of the game.

🎭 Subtle Developments: Meanwhile, the fall is like unlocking a monetary faucet without touching interest rates. The cryptocurrency market? Quietly thanking him. 💧💰
📈 Inflation Remains High: Inflation has improved but remains a concern, especially with tariffs potentially driving prices up. Powell suggested that if it is just a temporary shock, we can overlook it.
🌪 Economic Instability: Businesses and consumers are worried; the market is unpredictable, and it could even be crazier than some contract trends.