#PowellRemarks Federal Reserve Chair Jerome Powell recently shared his insights on the US economic outlook, highlighting both challenges and opportunities. Speaking at the Economic Club of Chicago on April 16, 2025, Powell noted that despite uncertainty and downside risks, the US economy remains solid, with the labor market near maximum employment. However, inflation, although significantly eased from its pandemic highs, remains above the 2% objective, currently at 2.3% for total PCE prices and 2.6% for core PCE prices. Powell emphasized the impact of evolving policy changes, particularly tariffs, which could lead to higher inflation and slower growth. The Fed's priority is to keep longer-term inflation expectations anchored and balance maximum employment and price stability mandates. With the economy well-positioned for now, the Fed will continue analyzing incoming data and risks before considering policy adjustments