#Gate13thAnniversaryGlobalCelebration

🔴 FED Chairman Powell:

• Inflation remains at high levels

• The impact of Middle East developments is uncertain

• Rising energy prices could push inflation higher

• Short-term inflation expectations have increased

• The overall outlook for the interest rate path remains unchanged, but expectations for fewer cuts have increased

• The inflationary impact of tariffs may be seen in the middle of the year

• It is too early to assess the extent of the economic impact

📊 The S&P 500 fell approximately 0.9% during Powell's speech

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