#PowellWatch ๐๐๐๐งจ
๐ฅ PowellWATCH Update: Just launched โ Jerome Powell indicated a significant shift today, essentially telling Wall Street: The era of โalmost freeโ money may be coming to an end. In his recent statements, he pointed to rising labor market risks and ongoing inflationary pressures, noting that while more rate cuts could come, they would be cautious and data-driven โ not automatic.๐
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Investors everywhere are reacting โ stocks are volatile, bond yields are tense, and everyone is watching unemployment and the consumer price index as if it were the final season of a thriller.๐ฅ๐
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#PowellWATCH #Fed #InterestRates #economy
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