“Inflation is still too high. Further progress in bringing it down is not assured, and the path forward is uncertain,” Fed Chair Powell said.

Is the Fed heading towards another monetary policy mistake?

"Perhaps, the Fed has no idea what is going on and their past policy mistakes can be taken as proof.

If they indeed have no clue, how can anyone trust them?" 👇t.co/5SUCjKpcmZ

— Global Markets Investor (@GlobalMktObserv) May 4, 2024