like the meme, when you speak at press conferences the markets bleed
Johnbriceno
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$BNB Recent economic data points to a possible slowdown in the U.S. economy. Indicators such as the increase in unemployment claims and the decrease in manufacturing output have raised concerns about the sustainability of economic growth, prompting investors to reassess their risk exposure.
The recent decline in financial markets can be attributed to several key factors: Federal Reserve Monetary Policy The recent decision by the U.S. Federal Reserve to raise interest rates by a quarter percentage point, along with indications of a slower pace of future rate cuts, has unsettled investors. The cautious stance of Federal Reserve Chairman Jerome Powell regarding inflation and economic growth has further contributed to market volatility. Economic Indicators
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