🚨 FOMC & Powell Hint at September Rate Cut! 🚨

The latest FOMC statement and Powell's opening remarks were notably devoid of forward guidance.

However, Powell's response to the first question revealed a significant shift:

📅 September Rate Cut Possible: Powell hinted at a potential reduction in the policy rate as early as the next meeting in September.

🕰️ Approaching Rate Reduction: While indicating proximity to a rate cut, Powell stressed that the exact timing isn't set yet.

🎯 Strategic Patience: The Fed is cautious, awaiting more data before making decisive moves.

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