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Fed's Powell emphasizes need for more evidence that inflation is easing before cutting rates. Learn more about my firm at www.pinnaclestrategies.org.

Fed Chair Jerome Powell stresses the significance of more evidence on inflation before considering rate cuts. He notes recent inflation readings might be fleeting and emphasizes the Fed's wait-and-see approach for sustained movement towards the 2% core PCE target. Powell hints at potential rate cuts later this year amid market uncertainty and bearish trends. #economy #inflation #federalreserve #powell #stockmarket #nasdaq #sp500 #dowjones #interestrates #ratecuts #crypto https://lnkd.in/dxUAfzm3

Coming on the heels of what the Fed's Mester and Daly said yesterday about being data dependent, Chairman of the Federal Reserve, Jay Powell echoed that same sentiment and then some. Speaking directly about stickier than thought price pressures to being 2024. Powell said the FOMC is in no rush to ease monetary policy. Quoted as saying "On Inflation, it is too soon to say if recent readings present more than just a bump" Given the whole inflation is "transitory" debacle, and seeing hedges against inflation continue to breakout, like the price of Gold for instance. It's clear the FOMC still has plenty of work to do and perhaps a rate cut won't occur until the back half Q4 2024 or sometime in Q1 of 2025, given this latest language from Powell and Company. What do you think? Drop a comment below and let us know! #guidedfinancialadvisors #thefed #rates https://lnkd.in/ejSHh4PC

📢 Fed Chair Jerome Powell on Interest Rates and Economic Outlook In a recent Q&A session in Washington, Federal Reserve Chair Jerome Powell signaled that the central bank is likely to hold interest rates steady at its upcoming meeting. While inflation and economic activity have slowed as anticipated, Powell emphasized that future rate cuts will be decided on a "meeting by meeting" basis. Key Points: - Inflation and economic activity have slowed in line with the Fed's expectations. - Recent data bolsters confidence that inflation will return to the Fed's 2% target. - Labor-market conditions have cooled, adding weight to potential rate cuts. - The Fed raised rates to combat high prices, now balancing the risk of premature or delayed cuts. - Investors expect potential rate cuts as early as September. Powell's cautious approach underscores the complexity of current economic conditions and the Fed's commitment to data-driven decisions. As we look ahead, the balancing act between curbing inflation and fostering economic growth remains paramount. 🔍 What are your thoughts on Powell's latest remarks? How do you see this impacting the market? Share your insights below! #FederalReserve #JeromePowell #InterestRates #Inflation #EconomicOutlook #Finance #Economy

LIVE: FED President Jerome Powell Speaks After the Interest Rate Decision! Here are all the highlights from his speech

Inflation has firmed and seems to have settled above the Federal Reserve's (Fed's) 2% inflation target. Despite this, the Fed cut rates 0.25% at its final meeting of 2024, leaving monetary policy still restrictive. Investors are now eyeing the Fed's expected policy in 2025, with fewer rate cuts now expected. In this Sight|Lines, we review inflation, Fed policy actions, and the economic and market implications of this modest policy shift. https://lnkd.in/gnF3_uin

Inflation has firmed and seems to have settled above the Federal Reserve's (Fed's) 2% inflation target. Despite this, the Fed cut rates 0.25% at its final meeting of 2024, leaving monetary policy still restrictive. Investors are now eyeing the Fed's expected policy in 2025, with fewer rate cuts now expected. In this Sight|Lines, we review inflation, Fed policy actions, and the economic and market implications of this modest policy shift. https://lnkd.in/eKaJpmyA

Inflation has firmed and seems to have settled above the Federal Reserve's (Fed's) 2% inflation target. Despite this, the Fed cut rates 0.25% at its final meeting of 2024, leaving monetary policy still restrictive. Investors are now eyeing the Fed's expected policy in 2025, with fewer rate cuts now expected. In this Sight|Lines, we review inflation, Fed policy actions, and the economic and market implications of this modest policy shift. https://lnkd.in/e4Cjt_k7

Inflation has firmed and seems to have settled above the Federal Reserve's (Fed's) 2% inflation target. Despite this, the Fed cut rates 0.25% at its final meeting of 2024, leaving monetary policy still restrictive. Investors are now eyeing the Fed's expected policy in 2025, with fewer rate cuts now expected. In this Sight|Lines, we review inflation, Fed policy actions, and the economic and market implications of this modest policy shift. https://lnkd.in/eyTfBjJQ

Inflation has firmed and seems to have settled above the Federal Reserve's (Fed's) 2% inflation target. Despite this, the Fed cut rates 0.25% at its final meeting of 2024, leaving monetary policy still restrictive. Investors are now eyeing the Fed's expected policy in 2025, with fewer rate cuts now expected. In this Sight|Lines, we review inflation, Fed policy actions, and the economic and market implications of this modest policy shift. https://lnkd.in/gZzyr6t7