đš Powellâs Dovish Pivot: A Seismic Shift in Fed Policy đš
Jerome Powell has officially completed a dramatic shift from hawkish to dovish policy, signaling a new era for the Fed. Hereâs how this change could reshape the economic landscape:
đŻ From Tightening to Easing: Powell has moved away from aggressive rate hikes and is now hinting at rate cuts, a stark contrast to his stance two years ago.
đ Recession No Longer the Priority: The Fed Chair no longer sees a recession as the price of controlling inflation, focusing instead on stabilizing the labour market.
đ Labour Market in Focus: Powell acknowledges that the labour market is cooling and is unlikely to fuel inflation, reducing the need for further tightening.
đ°ïž Rate Cuts on the Horizon: The Fed is now more likely to adjust its policy towards rate cuts, with timing and pace dependent on incoming data.
đŹ How do you think this shift will impact your portfolio? Share your insights below! #PowellAtJacksonHole
