#MetaplanetBTCPurchase Fed Chair Jerome Powell addressed the economic implications of U.S.-China tariffs and current market volatility in a recent speech.

Key takeaways:

Inflation Warning: Powell acknowledged that new tariffs could lead to a temporary spike in consumer prices. The Fed is watching closely to prevent short-term price shocks from turning into long-term inflation.

Slowing Growth: He noted signs of economic deceleration, citing softer consumer spending and an early-year surge in imports likely tied to tariff concerns.

No Immediate Rate Cuts: Despite growing uncertainty, Powell emphasized that the Fed doesn't see a need for interest rate cuts yet. Market reactions are still viewed as orderly.

Outlook: The Fed is focused on long-term stability, balancing inflation control with employment goals.