#PowellRemarks Federal Reserve Chair Jerome Powell’s recent remarks reinforced the central bank’s cautious stance on interest rate cuts. While acknowledging that inflation has eased from its peak, Powell emphasized that progress has been uneven and more evidence is needed before making policy changes. He reiterated the Fed’s commitment to its dual mandate of price stability and maximum employment. Markets had hoped for clearer signals on rate cuts, but Powell struck a balanced tone, highlighting resilience in the labor market and ongoing economic growth. The central message was patience—any premature easing could risk reigniting inflation. Investors remain watchful, parsing each word for hints, but Powell’s measured approach suggests the Fed isn’t in a hurry to adjust rates without clearer, sustained data on inflation improvement.