Federal Reserve Chair Jerome Powell struck a cautious tone in his latest remarks, emphasizing the need for more data before any interest rate cuts. While inflation has cooled somewhat, Powell noted it remains too high for comfort. He acknowledged the impact of geopolitical tensions and tariffs, particularly those linked to trade policies, on price stability. The Fed chose to hold rates steady, aiming to balance inflation risks with economic growth. Powell reiterated that the central bank is not on a preset path and will respond as conditions evolve. Markets reacted with uncertainty, reflecting Powell’s measured stance. #PowellRemarks