#PowellRemarks Federal Reserve Chair Jerome Powell’s recent remarks highlighted a cautious approach to interest rate cuts. He emphasized that while inflation has come down from its peak, it remains above the Fed’s 2% target. Powell stated the Fed needs more confidence that inflation is sustainably moving lower before making any policy changes. He acknowledged strong economic growth and a resilient labor market but reiterated the importance of data-driven decisions. The Fed will continue to monitor inflation trends and global risks carefully. Powell’s comments suggest that rate cuts may be delayed longer than markets initially expected, signaling the Fed’s commitment to price stability. His remarks underscore the delicate balance between supporting the economy and controlling inflation.