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Powell. The main theses:
— It's time to change our policy
— My confidence that inflation is on the way to 2% has increased
— The timing and pace of the Fed rate cut depend on macro data and the balance of risks
— We have made significant progress to achieve price stability, while avoiding a sharp increase in unemployment
— We do not seek and do not welcome further cooling of the labor market
Surround yourself with positive energy, and watch your life transform. 🌻 #GoodVibes