#PowellRemarks Federal Reserve Chair Jerome Powell has recently shared important insights about the U.S. economy and monetary policy. Here are the key highlights:
Economic Outlook: Powell described the U.S. economy as strong, with inflation slightly above the 2% target. However, he expressed concern about the impact of tariffs, noting that the Fed has limited tools to address supply chain disruptions.
Interest Rates: Powell stated that the Fed remains flexible and ready to respond to future economic changes. He clarified that another rate cut in December is not guaranteed, emphasizing a data-driven approach.
Inflation: Maintaining stable inflation expectations remains a priority. Powell reiterated the goal of bringing inflation back to 2% without triggering a sharp increase in unemployment.
Fed Independence: He reaffirmed that the Federal Reserve operates independently, protected by Congress from political influence — a cornerstone of its credibility.
Overall, Powell’s comments reflect a measured and cautious stance, showing the Fed’s commitment to balancing growth, inflation control, and policy independence.
