#PowellRemarks

Powell's Remarks: Economic Uncertainty and Monetary Policy

Federal Reserve Chair Jerome Powell emphasized the importance of public service and discussed the current economic outlook. He noted that the economy is in a good place, with low unemployment and steady interest rates. However, Powell acknowledged uncertainty surrounding fiscal policy, tariffs, and tax measures, which may impact the economy. The Fed has left interest rates unchanged and signaled potential rate cuts this year. Powell stressed the importance of clear communication in times of uncertainty. Investors and policymakers will closely watch the Fed's next moves as the economy navigates complex challenges. Economic growth is expected to slow.