#PowellRemarks
Jerome Powell, Chairman of the Federal Reserve of the United States, emphasized that the U.S. economy remains strong, with a labor market close to full employment. Although growth has slowed, it is expected to remain positive. Inflation has decreased but is still above the 2% target. Powell expressed concern about the effects of tariffs on the economy, including higher inflation and slower growth. The Fed will need to carefully assess the impacts of these policies on the economy. Regarding monetary policy, Powell noted that the Fed will continue to work to achieve its employment and price stability objectives. The Federal Reserve faces a difficult challenge if the economy experiences rising inflation and unemployment at the same time, and it will need to weigh its decisions carefully. The U.S. economy remains resilient but requires prudent monetary policy.
