"New Debt King" Gundlach: The Fed is expected to cut interest rates for the first time in 2024.

"New Debt King" Gundlach: Stimulus funds are still flowing in the system.

"New Debt King" Gundlach: The Fed does not want to ease financial conditions.

Ukrainian President Zelensky: Very good results have been achieved on the front line today, details will be announced later.

"New Debt King" Gundlach: The core personal consumption expenditures price index may fall to about 3% in the next few months.

Rajeev Sharma, managing director of fixed income at Key PrivateBank: In our view, the rate hike cycle is over and the Fed will pause rate hikes for the rest of the year.

Analysts on the Fed rate decision: Powell put it bluntly that they may stay on hold at the September meeting, but they will raise rates if they feel the need. Powell is doing tai chi.

Fed Chairman Powell: The best thing the FOMC can do is to restore price stability.

Fed Chair Jerome Powell: Real wage growth is a good thing.

Fed Chairman Powell: We want wage growth consistent with 2% inflation.

Fed Chairman Jerome Powell: If we see a steady decline in inflation, we can lower interest rates to neutral and then at some point below neutral.

Fed Chairman Powell: Some FOMC members expect to cut interest rates next year.

Fed Chairman Jerome Powell: Cutting rates will depend on how confident we are that inflation will fall back to target.

Fed Chairman Powell: Facts have proved that inflation is more resilient than expected.

Federal Reserve Chairman Powell: The overall situation shows that credit conditions are tightening.

Fed Chairman Powell: Inflation has repeatedly been higher than expected; but this may change.

Fed Chairman Powell: FOMC can be patient and firm.