Powell speaks out! The U.S. stock market carnival is cool, but the suspense of interest rate cuts is still there?
Content: Powell’s big speech! It claims that the Fed has made important progress in fighting inflation, but it is tight-lipped about the timing of interest rate cuts.
He predicts that the U.S. inflation rate will not exceed 2.5% in the next year, and has repeatedly emphasized that the current policies are effective.
Just under these remarks, the U.S. stock market immediately ushered in a carnival, rising sharply and turning from falling to rising;
The currency circle is experiencing a cold winter and has plummeted! Let us wait and see how this situation will evolve!
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