★Fed Chair Jerome Powell Just Sent a Signal That Could Shake the Stock Market
"Powell's warning means the Fed isn't done fighting inflation, even if it hurts economic growth. This signals potential volatility ahead, as higher interest rates could continue to weigh on stock market performance and consumer spending."
The Big Market Report Take
Powell's basically saying the Fed's not done if inflation decides to make a comeback. It's a reminder that their priority is price stability, even if it means more economic headwinds. So, don't expect a quick pivot just yet.
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