Fed Chair Powell (Q&A) says there was broad support on the Committee for holding rates today, including from non-voters

• Powell says he is not trying to article a test for when the Fed should cut
• There is some tension between inflation and labour market parts of the market, but these have diminished a bit

Chair Powell's comments suggest a consensus among the Fed for maintaining rates, which reflects a cautious approach amid mixed signals from inflation and the labor market. This alignment can influence market expectations for future rate decisions, particularly regarding any potential easing, implying a careful watch on economic indicators moving forward.