The most important thing that came in Powell's statements :
The economy has started to make good progress and inflation has started to decline .
Inflation has started to decline significantly, but it is still above the 2% target .
We still need continued evidence of a decline in inflation .
The continued decline in inflation is still not guaranteed .
The demand for Labor continues to exceed the supply .
The interest rate is still likely to peak .
If the economic situation continues to progress as expected, the Fed may move To reduce interest .
The interest rate may be kept high if required .
It is likely that the current monetary policy has reached its peak .
There was no suggestion of a rate cut at this meeting .
There is still a long way to go to declare our victory .
'I can't say we've had a smooth landing yet , we've still got to move on.'
