#PowellRemarks
In his latest remarks, Federal Reserve Chair Jerome Powell cautioned that President Trump's tariffs could lead to both higher inflation and slower economic growth, creating a "challenging scenario" for the central bank. He emphasized that the Fed needs to carefully manage both maximum employment and price stability, and that price stability is crucial for achieving the Fed's employment mandate. Powell also indicated that the Fed would wait for more data on the economy's response to Trump's policies before deciding on further interest rate actions. $BTC