#PowellRemarks Federal Reserve Chair Jerome Powell, speaking at the Economic Club of Chicago on April 16, 2025, emphasized the Fed's cautious stance amid economic uncertainties stemming from recent tariff policies. He indicated that the central bank would maintain current interest rates, awaiting clearer insights into the tariffs' impact on inflation and growth. Powell acknowledged that the tariffs are larger than anticipated, potentially leading to higher inflation and slower economic growth. He highlighted the challenge of balancing the Fed's dual mandate of price stability and maximum employment in this context. Despite market volatility, Powell dismissed the notion of a "Fed put," suggesting limited intervention unless market dysfunction occurs. Following his remarks, major stock indices declined, reflecting investor concerns over the economic outlook…