#PowellRemarks Federal Reserve Chair Jerome Powell, in recent speeches, emphasized the Fed’s focus on its dual mandate: maximum employment and stable prices. He noted the U.S. economy is strong, with solid growth and a labor market near full employment, though inflation remains above the 2% target. Powell highlighted risks from President Trump’s tariffs, which could raise inflation and slow growth, creating a challenging scenario for monetary policy. He advocated a cautious, data-driven approach, suggesting the Fed will wait for clarity before adjusting rates. Powell also defended the Fed’s independence and its pandemic response, stressing the importance of clear communication and adapting policy to economic uncertainties.
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