#PowellRemarks Federal Reserve Chair Jerome Powell's recent remarks highlighted a cautious approach toward interest rate cuts, emphasizing the need for more evidence that inflation is moving sustainably toward the 2% target. He acknowledged progress in inflation data but reiterated that the Fed is not yet confident enough to ease monetary policy. Powell stressed the importance of maintaining price stability and signaled that rates may remain higher for longer if inflation proves stubborn. His comments caused market volatility, with traders adjusting expectations for future rate cuts. Powell's tone suggests a data-driven path forward, prioritizing inflation control over premature policy loosening to ensure economic stability.