#PowellRemarks Federal Reserve Chair Jerome Powell’s latest remarks have stirred both Wall Street and global markets. Speaking at a recent event, Powell maintained a cautious stance on interest rate cuts, emphasizing that inflation remains too high to justify immediate easing.

Powell acknowledged progress in reducing inflation but reiterated the Fed’s commitment to its 2% target, saying more data is needed before adjusting policy. “We’re prepared to maintain the current rate as long as necessary,” he stated, signaling patience rather than haste.

Markets responded with mixed reactions—stocks dipped slightly while Treasury yields edged higher, reflecting investor uncertainty about the timing of future rate changes.