#PowellRemarks Federal Reserve Chair Jerome Powell's recent remarks emphasized the central bank's commitment to controlling inflation while carefully monitoring economic data. He reiterated that interest rate decisions would remain data-dependent, with a focus on achieving the Fed's 2% inflation target. Powell acknowledged the ongoing strength of the labor market but highlighted the need to observe further moderation in price pressures. He signaled a cautious approach, balancing the risks of both over-tightening and under-tightening monetary policy. The Fed aims to navigate a path that avoids a significant economic downturn while restoring price stability.