#PowellRemarks Federal Reserve Chair Jerome Powell’s latest comments reflect a cautious approach to interest rate cuts, stressing the need for clearer signs that inflation is steadily moving toward the 2% goal. He noted that recent inflation readings have been higher than anticipated, raising concerns that progress may have slowed. The economy continues to show strength, with solid job growth and stable output. Powell highlighted the importance of staying flexible and responsive to incoming data. He warned that moving too quickly to ease policy could risk higher inflation. Investors adjusted their expectations, now seeing potential rate cuts pushed further out.