#PowellRemarks

Federal Reserve Chair Jerome Powell's recent remarks highlighted caution on interest rate cuts, citing persistent inflation concerns.#PowellRemarks He emphasized that while inflation has eased from its peak, it remains above the Fed’s 2% target. #PowellRemarks Powell stated the Fed needs more confidence before adjusting rates.#PowellRemarks Markets reacted with mixed signals—some investors expecting prolonged higher rates, while others remain hopeful for cuts later this year. #PowellRemarks Powell also noted that the U.S. labor market remains strong, supporting economic resilience. His comments suggest the Fed will remain data-dependent and move carefully to avoid reigniting inflation pressures.