Yesterday FED Chair Powell’s speech on the economy and monetary policy, was interesting for 3 reasons.
Tariffs could ultimately prove deflationary by curbing household spending and demand.
In his view, policy is “slightly restrictive”.
He flagged elevated asset valuations, including stocks
More rate cuts said the market (again), but careful because it’s not the FED’s business to comment on asset valuations unless they’re inflationary.
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Gold Update 24 September 2025
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Powell induced some volatility. Price hit 3,790 before collapsing on his comments but unlike equites and Bitcoin, it was still a positive day.
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Economic Indicators Today
