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Tushar Aher Patil

Trying to do better • 5h

*Powell had a measured speech trying to balance slowing growth, rising inflation and rising unemployment. With increased disagreements within Fed, it raises concerns that the next few meetings will have some more dissents. This is evident from the enhanced skeweness of the dot plot. It seems from the speech, the next rate cut is also very likely

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SUMMARY OF FED CHAIR POWELL'S SPEECH (9/17/25): 1. Unemployment rate has risen along with downside risks to employment 2. Inflation has risen and remains "somewhat elevated" 3. Growth in economic activity has "moderated" 4. Job creation rate is "bel

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