️ Summary of Powell's statements and the Fed meeting
It is possible that the interest rate will be reduced this year,but this is still uncertain .
We remain committed to reducing inflation to 2% .
The Fed should be wary of cutting interest rates because it may have to raise them again if inflation rises .
The Fed may cut interest rates in the second half of the year after confirming that inflation has fallen .
The interest rate is expected to stabilize this year at 4.6% .
We are closely monitoring layoffs, but we do not see them .
We do not see cracks in the labor market .
Strong job growth, by itself, is not a reason to postpone interest rate cuts .
The Fed is discussing the pace of returning the balance sheet, and he will have something
