🇺🇸 SUMMARY OF FED CHAIR POWELL’S REMARKS (8/23/24):

1. “The time has come for Fed policy to adjust”

2. Fed “will do everything” to support a strong labor market

3. Fed does not welcome further weakening of the labor market

4. Confidence has grown that inflation is heading to 2%

5. Balance of risks to Fed mandates has changed

6. Inflation has declined significantly toward the goal

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Forwarded from: 🔹Crypto Trading Reports🔹

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