#PowellRemarks Here’s a polished with
Jerome Powell emphasized the Feds commitment to its dual mandate promoting maximum employment and stable prices while holding rates steady at 4.25 to 4.50%. He warned that proposed tariffs and geopolitical tensions could fuel meaningful inflation stressing a data‑dependent approach to future moves. Although markets still expect two rate cuts this year Powell noted uncertainty remains high as incoming data unfolds. He also urged caution over government data collection cuts saying that quality economic information is a huge public good. For now the Fed is pressing pause choosing vigilance over knee‑jerk policy shifts.
