🔴Summary of what Federal Reserve Chairman Jerome Powell said yesterday

When it comes to fiscal policy, it takes a long time to get a bill through.

It's too early to judge the impact of Trump's policies.

📌 I expect inflation to continue to decline toward the 2% target, sometimes on a bumpy path

📌The labor market has calmed to a point where it is not inflationary pressures

📌The Fed's independence means that its decisions cannot be reviewed

📌The economy is not sending signals that the Fed should rush to cut interest rates

👈Powell added that the strength of the US economy gives the Fed the ability to make decisions carefully.

👈He hinted at the continued strength of the labor market, and that inflation is continuing to decline toward 2%. He also indicated that the continued decline in the labor market has made it unable to threaten to increase inflationary pressures.$ETH $SOL $BTC