#PowellRemarks

POWELL SPEECH POINTS 🚨

*POWELL: ECONOMIC IMPACT OF TARIFFS LIKELY LARGER THAN EXPECTED

*POWELL: TARIFFS LARGER EVEN THAN IN FED'S UPSIDE ESTIMATES

*POWELL: EFFECTS OF POLICY WILL LIKELY MOVE THE FED AWAY FROM ITS GOALS

POWELL: OUR ROLE IS TO MAKE SURE TARIFFS CAUSE ONLY A ONE-TIME PRICE INCREASE

POWELL: THE TARIFF SHOCK PUSHES TOWARD HIGHER UNEMPLOYMENT, HIGHER INLFATION

Fed Chair Jerome Powell says markets will probably see continued volatility.

Fed Chair Jerome Powell says he thinks there will be loosening of bank rules on crypto.

Fed Chair Jerome Powell says crypto is becoming more mainstream and legal framework for stablecoins is a good idea.

Powell: "We’re delaying everything — inflation too high"

The Fed now expects easing only in 2025.

Trump’s tariffs are making it worse, and the Fed may be forced to act even more aggressively.