📊During a speech in Providence, Federal Reserve Chairman Jerome Powell pointed out that asset prices, including stocks and high-risk financial instruments, appear "significantly high" compared to historical standards. He added that the central bank is closely monitoring the overall financial conditions and assessing the impact of its policies on those conditions to achieve its economic goals.

📈When asked about the Fed's tolerance for rising market prices, Powell clarified that current valuations reflect broad optimism, but he emphasized that the bank does not overlook these indicators. He confirmed that monetary policies must be carefully designed to ensure market stability without fueling potential financial bubbles.