#PowellRemarks #PowellRemarks

Federal Reserve Chair Jerome Powell signaled a cautious stance on interest rate cuts during his latest remarks, emphasizing the need for "greater confidence" that inflation is moving sustainably toward the 2% target. Powell acknowledged recent progress on inflation but warned that data volatility remains a concern. He reiterated the Fed’s commitment to a data-dependent approach, stressing that premature easing could reignite inflation pressures. Markets responded with slight volatility, as investors adjusted expectations for rate cuts in 2025. Powell’s tone suggests patience will guide monetary policy, with future decisions hinging on inflation trends and labor market resilience in the coming months.