Indicating a re-hike in interest rates by the Federal Reserve to restrain the stock price surge.
However, Powell emphasized deciding live based on emerging data, with the market interpreting the outlook as having about a 50-50 certainty.
The significant change this time is the speed of the rate hike process turning into a wait-and-see approach. Ultimately, Powell will become a factor in suppressing stock price volatility in the future.
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