#PowellRemarks

Federal Reserve Chair Jerome Powell's recent remarks at the Economic Club of Chicago highlighted concerns over the economic impact of President Trump's tariffs. Powell warned that these tariffs are likely to cause a temporary rise in inflation, potentially leading to more persistent price increases. He emphasized that the Federal Reserve must balance its dual mandate of stable prices and maximum employment, noting that the inflationary effects of tariffs could challenge this balance. While expressing caution, Powell indicated that the Fed is prepared to adjust its policy stance as necessary to address these challenges.

Hashtags:

#JeromePowell #FederalReserve #InflationConcerns #TariffImpact #EconomicPolicy #USMarkets