#PowellRemarks

Federal Reserve Chair Jerome Powell recently made remarks that impacted the market. Here's what's happening:

- *Market Reaction*: Powell's comments on Wednesday caused mortgage rates to fall while stocks sold off. The S&P 500 Index closed down 2.24%, and the Dow Jones Industrials Index closed down 1.73%.

- *Economic Outlook*: Powell's speech on the economic outlook was given on April 16, 2025. While the specific details of his remarks aren't available, it's clear that they're influencing market trends.

- *Fed's Dual Mandate*: Powell's comments have sparked debate about the Fed's dual mandate, which aims to achieve maximum employment and price stability. The market reaction suggests that investors are closely watching the Fed's moves.

Some notable recent speeches and testimony from Fed officials include:

- *Jerome Powell's Speech*: April 16, 2025, on the economic outlook

- *Christopher J. Waller's Speech*: April 14, 2025, on the economic outlook

- *Adriana D. Kugler's Lecture*: April 7, 2025, on inflation dynamics and the Phillips curve

- *Michael S. Barr's Speech*: April 4, 2025, on artificial intelligence and banking

- *Michelle W. Bowman's Testimony*: April 10, 2025, at her nomination hearing

Keep an eye on the Federal Reserve's website for more updates on Powell's remarks and other economic news.