Powell just made it clear that rate cuts aren’t coming anytime soon.

⦿ Rising energy prices are pushing inflation higher.
⦿ Inflation expectations are picking up again.
⦿ Tariff-driven inflation pressure could show up by mid-year.
If inflation doesn’t improve from here, the Fed isn’t cutting rates.
He even admitted it. We’re in a difficult situation.
And one more thing, he’s not going anywhere.
Powell said he has no intention of leaving the Fed anytime soon.
No signs of easing and no plans to step down either.