Powell can end the Fed's balance sheet reduction process.

Important Statements from Fed Chairman Powell

Federal Reserve Chairman Jerome Powell indicated that it is possible for the Fed to end its balance sheet reduction process in the coming months. Powell emphasized that the decisions made in this process are directly linked to economic growth data.

Strong Economic Data

Powell referred to data before the U.S. government shutdown, pointing out that growth may be better than expected. This could have a positive effect on the markets.

Decline in Labor Market Sentiment

However, Powell noted that sentiment regarding the labor market is on the decline. This situation may also impact the Fed's future policy decisions.

To be continued...