#PowellRemarks The Fed Chairman, Jerome Powell, kept interest rates unchanged at 4.25% – 4.50%, emphasizing that "uncertainty is unusually high" due to tariffs and global tensions. He highlighted that the impact of tariffs will raise prices, in a way that "someone will have to pay." Powell insisted that the central bank needs to "learn more" before changing its stance, facing a scenario where employment and inflation targets may conflict. The new projection anticipates two cuts this year, although seven members do not expect reductions. The main message: caution and focus on data.