#PowellRemarks Federal Reserve Chair Jerome Powell emphasized the Fed's commitment to curbing inflation in his latest remarks. He acknowledged recent signs of economic strength but expressed concern over inflation remaining above the 2% target. Powell stated that while progress has been made, it's too early to declare victory. He reiterated that interest rates would stay elevated for longer if necessary to ensure inflation returns to target levels. Powell also noted the importance of data-driven decisions, indicating the Fed will closely monitor labor market trends and price pressures. The remarks signal a cautious and measured approach to future monetary policy adjustments. #PowellRemarks