#PowellRemarks Federal Reserve Chair Jerome Powell recently addressed the economic implications of President Trump's newly imposed tariffs, expressing concerns that these measures could lead to increased inflation and slowed economic growth. He indicated that the Federal Reserve is adopting a cautious approach, opting to maintain current interest rates until the full effects of the tariffs become clearer.

Powell emphasized the need for careful assessment before making any policy adjustments, highlighting the uncertainty surrounding the economic outcomes of the tariffs. This stance suggests that the Fed is not in a hurry to alter its benchmark lending rate, currently set between 4.25% and 4.50%.

These remarks come amid heightened market volatility and concerns over a potential global economic slowdown, underscoring the Fed's commitment to data-driven decision-making in the face of evolving trade policies.