#PowellRemarks

**Fed Chair Powell’s Key Remarks: Caution on Rates Amid Tariff Pressures**

Federal Reserve Chair Jerome Powell emphasized a patient approach to interest rates, stating the Fed is "well positioned to wait" amid rising inflation risks from tariffs. While holding rates steady at **4.25%-4.5%**, Powell noted tariffs will likely push consumer prices higher, though the full impact remains uncertain . He affirmed the U.S. economy’s resilience but acknowledged policymakers’ low conviction in rate-cut timelines, with the "dot plot" signaling just two reductions this year . Powell also highlighted the Fed’s focus on global economic interdependencies, citing the Division of International Finance’s role in navigating crises like the pandemic .

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