#PowellRemarks Federal Reserve Chair Jerome Powell recently addressed the economic outlook amid escalating trade tensions and market volatility. He acknowledged the challenges posed by President Donald Trump's significant tariff increases and China's retaliatory measures, which have heightened fears of a global recession. These developments have led to substantial losses in the stock market, with the S&P 500 shedding 6% in just two days, erasing $5 trillion in market capitalization.

Despite mounting pressure, Powell refrained from signaling immediate interest rate cuts, emphasizing the Federal Reserve's commitment to balancing inflation and growth risks. He highlighted the importance of monitoring economic indicators closely before making policy adjustments. However, market expectations have shifted, with investors now anticipating multiple rate cuts in response to the economic downturn.