#PowellRemarks

#PowellRemarks — In his recent statements, Jerome Powell, chairman of the American Federal Reserve (Fed), adopted a cautious tone, emphasizing that although inflation has shown signs of slowing down, it remains too high to consider an imminent interest rate cut. He reaffirmed the Fed's commitment to maintaining a restrictive monetary policy as long as necessary to bring inflation back to the 2% target. Powell also acknowledged the progress made in the labor market while stressing the need for more data before any monetary easing.