☢ Powell, Federal Reserve Chair: In a good position to wait for more clarity

- We may find ourselves in a tense situation with new mandates being imposed

- Estimates indicate a 2.3% rise in personal consumption expenditures inflation in March, and a 2.6% rise in core inflation

- The economic impact of tariffs is likely to be greater than expected

- Tariffs are likely to cause temporary inflation

- The inflationary impact of tariffs may be more persistent

- The labor market appears strong and generally balanced

- It must be ensured that price increases do not lead to ongoing inflation