#PowellRemarks Federal Reserve Chair Jerome Powell recently emphasized the central bank’s commitment to bringing inflation down to its 2% target. He acknowledged that while inflation has moderated, it remains above desirable levels, and more evidence is needed before cutting interest rates. Powell noted that economic growth and a strong labor market give the Fed flexibility to maintain higher rates if needed. He also reiterated the importance of data-driven decision-making and signaled that future policy moves would depend on economic indicators. His remarks suggest a cautious approach, balancing inflation control with the risk of overtightening and potentially slowing economic momentum.