#PowellRemarks 🚨𝙅𝙚𝙧𝙤𝙢𝙚 𝙋𝙤𝙬𝙚𝙡𝙡 – 𝘾𝙝𝙖𝙞𝙧𝙢𝙖𝙣 𝙤𝙛 𝙩𝙝𝙚 𝙁𝙚𝙙𝙚𝙧𝙖𝙡 𝙍𝙚𝙨𝙚𝙧𝙫𝙚

🚨𝙅𝙚𝙧𝙤𝙢𝙚 𝙋𝙤𝙬𝙚𝙡𝙡 – 𝘾𝙝𝙖𝙞𝙧𝙢𝙖𝙣 𝙤𝙛 𝙩𝙝𝙚 𝙁𝙚𝙙𝙚𝙧𝙖𝙡 𝙍𝙚𝙨𝙚𝙧𝙫𝙚

Federal Reserve Chair Jerome Powell delivered a cautiously measured assessment of the current economic landscape, emphasizing a data-dependent approach moving forward. He noted that the Fed will pause further rate actions to better assess economic conditions, highlighting that recent trade tariffs are likely to exert upward pressure on inflation. While long-term inflation expectations remain stable, Powell acknowledged that progress toward the 2% inflation target has slowed and inflation continues to hover slightly above this threshold.

Powell stressed that although inflation has declined significantly and unemployment remains near maximum employment levels, the dual risks of rising inflation and unemployment persist. He pointed out that recent tariffs have had a greater economic impact than anticipated and that the full consequences of these trade policies, particularly those tied to the previous administration, will become clearer over the next year.

Uncertainty remains high, with business investment and consumer sentiment reflecting cautious optimism amid policy unpredictability. The Fed is closely monitoring discrepancies between hard data and soft survey indicators, noting that public dissatisfaction with the economy is closely tied to the lingering effects of past inflation spikes. Despite this, Powell reaffirmed that the current monetary policy stance is appropriately calibrated—moderately restrictive and allowing for flexibility.

Addressing concerns about conflicting policy objectives, Powell clarified that the Fed currently sees no direct conflict between its dual mandate of price stability and maximum employment. However, should such a conflict arise, the central bank will carefully evaluate the