#PowellRemarks \#PowellRemarks

Federal Reserve Chair Jerome Powell's recent remarks highlighted a cautious stance on interest rate cuts, emphasizing the need for more evidence that inflation is moving sustainably toward the 2% target. He acknowledged progress in cooling price pressures but stressed that the Fed is not yet confident enough to ease monetary policy. Powell also noted that the U.S. labor market remains strong, giving the central bank flexibility. His comments suggest a "higher for longer" approach to rates, disappointing markets hoping for near-term cuts. Investors are now closely watching economic data and future Fed meetings for signs of a shift in policy direction.