#PowellRemarks Federal Reserve Chair Jerome Powell recently addressed the economic implications of the Trump administration's new tariffs, stating they are "highly likely to generate at least a temporary rise in inflation," with the possibility of more persistent effects. He emphasized the Federal Reserve's commitment to ensuring that a one-time price increase does not evolve into ongoing inflation. Despite market expectations for interest rate cuts, Powell indicated a cautious approach, opting to await clearer economic data before adjusting monetary policy. This stance underscores the Fed's focus on maintaining long-term inflation expectations and economic stability amid current uncertainties.