🇺🇸 #Powell’s Key Remarks

A summary 👇

▪️Inflation remains above target (2%), especially due to recent tariffs.

▪️ Tariffs could have a more persistent impact on inflation and economic activity.

▪️ Short-term inflation is expected to rise over the summer, driven by goods prices.

▪️ Labor market remains stable; no signs of weakness requiring immediate rate cuts.

▪️ #Fed policy is moderately restrictive, and the current stance allows flexibility.

▪️ No urgency to cut rates — the Fed prefers to wait for more data before acting.

▪️ Rate cut decisions will depend on real economic data, not forecasts.

▪️ Fed is open to adjusting rates later, but sees no strong case for a move now.