#PowellRemarks Federal Reserve Chair Jerome Powell, speaking at the Economic Club of Chicago, emphasized that the Fed will maintain current interest rates while assessing the economic impacts of recent tariff policies. He noted that these tariffs could elevate inflation and potentially slow employment growth, posing challenges to the Fed’s dual mandate of price stability and maximum employment. Powell stated, “For the time being, we are well positioned to wait for greater clarity before considering any adjustments to our policy stance.”