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:
Nick : The Powell pivot is complete. Powell is dovish across the board—from the same stage where he two years ago signaled the Fed would accept a recession as the price of restoring inflation: “The cooling in labor market conditions is unmistakable.” “It seems unlikely that the labor market will be a source of elevated inflationary pressures anytime soon.” “We do not seek or welcome further cooling in labor market conditions.” “The time has come for policy to adjust. The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks.” “We will do everything we can to support a strong labor market as we make further progress toward price stability.”
- - : Nick : The Powell pivot is complete. Powell is dovish across the board—from the same stage where he two years ago signaled the Fed would accept a recession as the price of restoring inflation: “The cooling in labor market conditions is unmistakable.” “It seems unlikely that the labor market will be a source of elevated inflationary pressures anytime soon.” “We do not seek or welcome further cooling in labor market conditions.” “The time has come for policy to adjust. The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks.” “We will do everything we can to support a strong labor market as we make further progress toward price stability.”
Restoration : Buy.
- - Restoration :
Veon6620 : Interest rate cut is on the table but exact time and date not confirmed.
73603661 : Listen in reverse
Ye_Ji : Tell u will do something .. but no mention how many % rate cut , and no mention when will cut .. so equal to nothing at this moment ..
103139867 : we will do as we deem fit, but not telling you till the last hour.
Mark666 : Powell say buy nvdia