#PowellRemarks

Fed Chair Jerome Powell –

No Rate Change for Now:

The Federal Reserve is holding interest rates steady, watching inflation trends closely.

Inflation Still Elevated:

While inflation has cooled slightly, it remains above the 2% target, and more consistent data is needed.

Not Ready to Cut Yet:

Powell stressed that the Fed needs stronger signs of sustained inflation decline before considering rate cuts.

Outlook More Stable:

Economic uncertainty is easing, and the labor market continues to show resilience.

Tariff Effects Under Review:

The Fed is carefully assessing the potential economic impact of new tariffs before making any policy moves.

Rate Cuts Possible Later in the Year:

If inflation progress continues, Powell suggested that cuts could be on the table later in

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