FOMC: Key Takeaways from Powell’s Latest Conference 💭 

💠 Highlights

The recent FOMC conference covered these key points:

🟢 Inflation: Inflation has decreased significantly and is expected to continue falling.  
🟢 Labor Market: The job market remains stable and isn’t a driver of inflation.  
🟢 Employment Data: Recent employment data has been weaker, mainly due to strikes and hurricanes.  
🟢 Elections: Upcoming elections won’t impact policy, and Powell has no plans to step down.  
🟢 Monetary Policy: The Fed could either slow or accelerate its policy easing as needed.  
🟢 Economic Activity: Risks of a slowdown in economic activity have diminished.  
🟢 Policy Resilience: A few months of unfavorable inflation data won’t change policy direction.

Fed Rate Result: Current rate set at 4.75% (Expected: 4.75% | Previous: 5%)