This week, as the stock market experienced a decline, prices reached levels that are considered low-risk and can be seen as suitable for support.
Despite Powell's statements, American investors remain hesitant to make quick moves, as they perceive the possibility of it being a bluff.
Powell's testimony in Gangreh concluded with a series of ambiguous statements, lacking the transparency seen in the press conference.
The decision to continue or halt interest rate hikes is largely dependent on the subsequent rate of inflation, a fact well-known by US macro investors.