{"content":"Summary of FOMC meeting and Powell's Conference ➺ Fed kept rates unchanged as expected ➺ 2 rates of 25BPS each is expected in 2025 ➺ Powell said that tariffs effect on inflation is just starting ➺ Fed officials expecting high inflation and low GDP in the next 12 months. ➺ Powell said that labor market is calling for rate cuts now. Basically, Powell said the exact same thing as the last FOMC meeting and he was bit more hawkish than expected.","images":[],"tags":[],"tradingPairs":[],"quotearticleid":0}