#PowellRemarks

🟢 Powell: It is essential to ensure that price increases do not lead to sustained inflation.

🟢 It has become clear that tariffs will rise beyond expectations, which will reflect on the economy at the same level.

🟢 The Federal Reserve is committed to preventing any one-time price increase from turning into long-term inflation.

🟢 Although most long-term inflation indicators remain stable, the outlook remains uncertain, with increasing risks of unemployment and inflation.

🟢 The level of uncertainty is high, and economic risks are rising, but the economy is still in good shape.

🟢 Progress towards achieving the inflation target of 2% has significantly slowed.

🟢 Surveys reflect weak expectations and increased uncertainty due to new federal policies, especially in trade.

🟢 Tariffs will clearly lead to a temporary rise in prices.

🟢 The Federal Reserve does not expect a recession, but external forecasts have raised the likelihood of one occurring.

🟢 Recent employment data still indicates that the economy is maintaining its strength.

🟢 Inflation has significantly decreased, while unemployment rates are approaching the maximum employment level.