Federal Reserve Chairman Jerome Powell stated that the organization needs to "learn more" before modifying its monetary policy, due to the uncertainty caused by new tariffs, fiscal policies, and regulations. He noted that tariffs could raise prices and slow the economy, affecting both inflation and employment. Powell emphasized that if these objectives conflict, the Fed will evaluate which is further off target. His message reinforces a prudent, data-driven approach, maintaining the central bank's independence from political pressures. Markets interpret these statements as a signal that rate cuts will not occur in the near term, possibly not before September.