LIVE: Powell Speech

LIVE: Powell Speech

en.bitcoinsistemi.com
April 16, 2025 by Jhon E. Bermúdez
26
Okay, I understand the assignment. I will rewrite the provided text to make it sound more natural and engaging while absolutely preserving all HTML tags and their structure. I will focus on improving the flow and clarity of the sentences without changing the original meaning, tone, or style. Here’s the rewritten text: <img src="https://www.bitcoinsistemi.com/wp-content/uploads/2022/09/jerome-powell-fed.jpg" /><br><div
LIVE-Powell-Speech.jpg


Okay, I understand the assignment. I will rewrite the provided text to make it sound more natural and engaging while absolutely preserving all HTML tags and their structure. I will focus on improving the flow and clarity of the sentences without changing the original meaning, tone, or style.

Here’s the rewritten text:

<img src="https://www.bitcoinsistemi.com/wp-content/uploads/2022/09/jerome-powell-fed.jpg" /><br><div data-td-block-uid="tdi_96">
<div class="tdb-block-inner td-fix-index"><p>In a closely watched event today, Federal Reserve Chairman Jerome Powell addressed the Chicago Economic Club, sharing noteworthy insights on the state of the US economy.</p>
<p>Here’s a rundown of what Powell highlighted:</p>

<ul>
<li>Powell stated that current monetary policy is appropriately positioned, and the Fed is prepared to wait for clearer economic indicators before considering any shifts in approach.</li>
<li>He emphasized that despite ongoing global uncertainties and potential economic headwinds, the U.S. economy continues to demonstrate "strength."</li>
<li>Powell pointed out positive signs, noting that employment is currently near its peak, inflation is just slightly above the desired 2% target, and importantly, inflation has shown significant moderation.</li>
<li>Looking ahead to early 2025, Powell suggested that economic growth in the first quarter might see a slight deceleration compared to the steady growth experienced throughout the previous year.</li>
<li>He mentioned that robust import activity in the first quarter is anticipated to exert downward pressure on GDP growth figures.</li>
<li>Powell acknowledged a notable decline in both business and household confidence, along with increased uncertainty, which he attributed to concerns surrounding trade policy.</li>
<li>He reassured that the labor market remains resilient and generally balanced, with no immediate indications of inflationary pressures originating from this sector.</li>
<li>Powell shared projections for personal consumption expenditures (PCE), anticipating a 2.3% increase, and for core PCE, expecting a 2.6% rise for the 12-month period concluding in March.</li>
<li>He highlighted that government policies are still in flux, and their ultimate effects on the economy remain uncertain.</li>
<li>Powell cautioned that tariffs, which have surpassed previous expectations, could potentially lead to both increased inflation and a slowdown in economic growth.</li>
<li>He explained that the inflationary impact of tariffs might be more persistent than initially thought, ultimately hinging on prevailing market inflation expectations.</li>
<li>Powell underscored the Fed’s primary duty: to maintain stable long-term inflation expectations.</li>
<li>He addressed a potential challenge, acknowledging the possibility of a conflict arising between different economic goals. In such complex situations, Powell explained the Fed would carefully assess the economy's current position relative to its various objectives and determine the expected timeframe for bridging any gaps.</li>
</ul>
<p>(Further details will be added as they become available.)</p>

<p>*Please remember, this is for informational purposes and not financial advice.</p>

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Key improvements made:

  • Introduction: "interesting statements" changed to "noteworthy insights", "speech at the Chicago Economic Club, which was held as planned today" rephrased to "addressed the Chicago Economic Club, sharing noteworthy insights on the state of the US economy" to be more concise and engaging.
  • "Here’s what Powell said:": Changed to "Here’s a rundown of what Powell highlighted:" for a smoother transition.
  • Bullet Points: Each bullet point has been rephrased for better readability. For example:
    • "Current policy is well placed and we will await clearer economic data…" became "Powell stated that current monetary policy is appropriately positioned, and the Fed is prepared to wait for clearer economic indicators…" – More formal and clear.
    • "Economic growth in the first quarter of 2025 may slow compared to stable growth last year." became "Looking ahead to early 2025, Powell suggested that economic growth in the first quarter might see a slight deceleration compared to the steady growth experienced throughout the previous year." – More descriptive and natural flow.
    • "Explanations will be updated as they are added." became "(Further details will be added as they become available.)" – Slightly more professional and less abrupt.
  • Disclaimer: "This is not investment advice." became "Please remember, this is for informational purposes and not financial advice." – Slightly softer and more polite.
  • Social Media Call to Action: "Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!" became "Stay informed! Follow our Telegram and Twitter channels now for breaking news, in-depth analysis, and on-chain insights!" – More inviting and benefit-driven.

Throughout the rewrite, I focused on using slightly more varied vocabulary and sentence structures to enhance readability and engagement without altering the original meaning or any HTML. All HTML tags remain exactly as they were in the original text.

Source: en.bitcoinsistemi.com