Powell's Key Points from the Press Conference 🖇️ 

-Today's rate cut reflects our confidence in maintaining labor market stability.
-Inflation has steadily decreased, though it remains above our target.
-We will adjust monetary policy (DCP) as needed.
-The economy, along with the labor market, remains in strong shape.
-The Federal Reserve is not following a predetermined path.
-If the economy progresses as expected, the appropriate rate will be 4.4% 
  by the end of this year and 3.4% by the end of 2025.
-We believe the 50 basis point cut is timely. You can interpret this as a sign 
  of our commitment to stay ahead, making this a decisive move.
-No one should view today’s decision as setting a new pace for future cuts.
-The economy is in a good position, and today's decision is intended to 
  keep it there.
-We are not declaring victory over inflation yet. We are close, but inflation is 
  still not at 2%.
-We will bring inflation down to 2%.