Sign Up
OverviewAPI
Federal Reserve Chair Jerome Powell reaffirms a cautious approach to interest rate hikes, expressing confidence in the current policy rate but signaling the potential for further tightening or rate cuts. The Fed's tightening has slowed the economy, with Powell highlighting uncertainty and the possibility of a 'soft landing'. Market sentiment, influenced by Powell's remarks, has led to marginal gains in U.S. stocks and reinforced expectations of steady rates.

Ask a question