#PowellRemarks Federal Reserve Chair Jerome Powell recently addressed the economic implications of the Trump administration's new 10% tariffs on all imports. In his remarks, Powell cautioned that these tariffs are likely to increase inflation and slow economic growth. He emphasized the Federal Reserve's commitment to its dual mandate of price stability and maximum employment, stating that the institution would act if inflation becomes a persistent issue. Despite President Trump's calls for immediate interest rate cuts to bolster the economy, Powell indicated a cautious approach, suggesting that the Fed would