Instant Reaction: Jay Powell Talks Fed Policy

Jay Powell, the Federal Reserve Chair, dives into pivotal central bank decisions and their recent implications. He examines the delicate balance between economic data and psychological factors influencing rate cuts. Powell reveals the significance of traditional economic indicators while addressing the impact of geopolitical tensions on monetary policy. The conversation also highlights how Fed statements can sway equity markets, particularly in the tech sector, and offers insights on upcoming payroll numbers and their potential effects on the economy.