#PowellRemarks from the recent FOMC meeting reflect a cautious and data-driven approach by Federal Reserve Chair Jerome Powell. The Fed kept interest rates steady, emphasizing the need for more evidence of sustained inflation decline before considering rate cuts. Powell highlighted concerns about rising tariffs, stating they could fuel persistent inflation. He also pointed to potential risks from reduced federal economic data quality, warning it may hinder informed policymaking. While the U.S. economy shows resilience, with modest growth and stable employment, inflation remains above target. Powell reaffirmed the Fed’s commitment to price stability, signaling patience and vigilance amid ongoing economic uncertainty.