Jerome Powell, Chairman of the Federal Reserve, recently stated that current economic data shows "no signs of recession." While tariffs haven't significantly impacted the economy yet, he acknowledged growing concerns among businesses and households. Powell warned that if these concerns persist without being addressed, the impact will become visible in economic data within weeks or months. The Fed is closely monitoring these developments. Regarding climate change, Powell clarified that the Federal Reserve will not intervene in climate-related issues, as they fall outside the Fed's mandate. The focus remains on maintaining price stability and maximum employment. The Fed continues to analyze incoming data to assess the economic outlook and adjust monetary policy as needed. ```