The world of finance is always abuzz with the Federal Reserve’s monetary policy decisions. Recently, the spotlight has been on Jerome Powell, the Chairman of the Federal Reserve, whose comments have sparked a significant shift in market expectations. His remarks have dramatically increased the likelihood of an interest rate cut in September, a move that could have far-reaching implications for the economy. Inflation: the Federal Reserve’s primary concernThe Federal Reserve has been concerned about inflation for some time. The central bank has actively worked to bring inflation down from a high…