#DiversifyYourAssets Fed Chair Jerome Powell’s recent remarks signal a cautious approach to interest rate cuts, emphasizing that inflation is not yet firmly under control. He reiterated the need for more evidence of sustained progress before easing policy. Powell acknowledged the strength of the U.S. economy and labor market but maintained that premature action could reignite inflation. His comments suggest the Fed will stay data-dependent and patient, keeping rates higher for longer until confident in price stability. Markets responded with increased uncertainty, reflecting the delicate balance the Fed faces between curbing inflation and supporting growth. #PowellRemarks #Fed #InterestRates