#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.