#PowellRemarks Federal Reserve Chairman Jerome Powell's recent remarks have sent ripples through the market. Powell warned that significant tariff hikes could have a twofold negative effect: weighing on economic activity and pushing inflation higher. He emphasized the Fed's commitment to bringing inflation down to its 2% target, acknowledging that progress has slowed in recent months.

*Key Takeaways:*

- *Tariffs and Inflation*: Powell cautioned that aggressive trade measures could lead to higher inflation and slower growth.

- *Interest Rates*: The Fed is not in a rush to adjust interest rates, with Powell hinting that rate hikes might not be over yet.

- *Economic Outlook*: Despite uncertainty, the economy remains solid, with the labor market near maximum employment.

Powell's remarks have implications for the broader economy, and investors are closely watching for future developments. Stay tuned for more updates on this evolving story! #PowellRemarks