#PowellRemarks Federal Reserve Chair Jerome Powell's recent remarks emphasized a cautious approach to monetary policy. He acknowledged progress in curbing inflation but noted that inflation remains above the Fed's 2% target. Powell signaled the need for more evidence before considering rate cuts, suggesting that interest rates may stay elevated longer than markets expect. He highlighted the resilience of the U.S. economy, particularly strong job growth, but reiterated the Fed’s commitment to restoring price stability. Powell’s comments tempered expectations for immediate policy easing, reinforcing a data-dependent stance. Markets reacted with volatility as investors recalibrated their forecasts. Overall, Powell’s remarks underline a balancing act—supporting economic growth while keeping inflation in check through careful policy adjustments.