The main points from the speech of Fed Chairman Jerome Powell:

- inflation decreased from 7% to 2.5%; 

- the economy continues to grow at a steady pace; 

- the inflation data in the second quarter added to our confidence; 

- a rate cut too late may unduly weaken the economy; 

- in September, the issue of reducing the rate may be considered; 

- there may be several rate cuts this year, or there may not be, it all depends on the economy; 

- if inflation decreases in line with expectations, economic growth will remain strong enough, the labor market will remain as it is, a rate cut in September will be on the agenda