⚡ **Jerome Powell (head of #FED ):**
✔️ The US economy is stable.
✔️ Inflation has significantly decreased but remains above the 2% target.
✔️ The current Fed monetary policy leaves us in a favorable position for timely response.
❗️ Risks of higher unemployment and inflation have increased.
✔️ Import fluctuations have complicated GDP data.
✔️ The Q1 GDP decline is explained by trade policy.
✔️ We have yet to see how economic uncertainty will affect future spending and investment.
✔️ The labor market is broadly balanced.
✔️ Wage growth remains moderate.
✔️ American consumer sentiment has significantly declined.
✔️ Short-term inflation expectations have risen.
✔️ The labor market is not a source of significant inflationary pressure.
✔️ Consumer survey respondents cite tariffs as a factor in increased inflationary risks.
✔️ The Trump administration is significantly altering its policy.
❗️ Tariffs remain significantly higher than expected.
❗️ If substantial tariff increases persist, we will see higher inflation and unemployment.
❗️ The Fed may face conflicts in its dual mandate goals (inflation and labor market).
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