The Big Market ReportToday's Briefing
Macro & Fed·Bloomberg Markets· 1h ago

★Inflation Has Eased, But Is Still Elevated, Powell Says

Strategic Analysis // Ian Gross

"Powell's message confirms inflation is cooling, but not yet at the Fed's target. This means interest rates are likely to stay higher for longer, impacting borrowing costs for businesses and consumers, and potentially slowing economic growth. Investors should brace for continued market volatility as the Fed navigates this delicate balance."

Human-Vetted Professional Intelligence

The Big Market Report Take

So, Powell's basically saying the patient's fever broke, but they're still running a bit warm. It's an improvement, sure, but don't expect the "all clear" siren to sound just yet.

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