#PowellRemarks Federal Reserve Chair Jerome Powell recently addressed key economic concerns, emphasizing the Fed’s commitment to achieving price stability while supporting maximum employment. He acknowledged that inflation has eased from its peak but remains above the desired target, necessitating a cautious approach to interest rate adjustments. Powell reiterated the importance of data-driven decisions and assured the public that the Fed would not hesitate to act if inflation resurges. He also highlighted the resilience of the U.S. economy and labor market, noting some signs of cooling. Overall, Powell’s remarks suggest a balanced but vigilant monetary policy outlook in the near term.