The Tech Tug-of-War: Powell, the FOMC, and Your Portfolio 📉 The markets are holding their breath. With tech stocks sliding, all eyes are pinned on Jerome Powell and the upcoming FOMC meeting. Is this a temporary dip or the start of a deeper correction? The Core Conflict The tech sector, known for its high growth and even higher valuations, is particularly sensitive to interest rate signals. When the Federal Open Market Committee (FOMC) hints at keeping rates "higher for longer" to battle inflation, the "future value" of tech earnings starts to look a bit less shiny. What to Watch For: The Dot Plot: Will Fed officials signal more rate hikes than the market has already priced in? Powell’s Presser: Investors will be dissecting every syllable for a "dovish" pivot or a "hawkish" stance. Yield C