#PowellRemarks
#PowellRemarks refers to recent statements by Federal Reserve Chair Jerome Powell concerning U.S. economic policy. In his April 16, 2025, speech at the Economic Club of Chicago, Powell emphasized caution in adjusting interest rates amid uncertainties from new tariffs. He warned that these tariffs could lead to higher inflation and slower growth, complicating the Fed's dual mandate of price stability and maximum employment. Powell stated the Fed is "well positioned to wait for greater clarity" before making policy changes. His remarks contributed to a significant market downturn, with major indices like the S&P 500 and Nasdaq experiencing sharp declines. citeturn0news12turn0news16 #FederalReserve
