#PowellRemarks

Federal Reserve Chair Jerome Powell's recent remarks at the Economic Club of Chicago on April 16, 2025, highlighted the Fed's cautious stance amid tariff-driven uncertainties. Powell emphasized maintaining stable prices and maximum employment, noting that tariffs could lead to higher inflation and slower growth. He stressed the Fed's readiness to wait for clarity before adjusting interest rates, as markets experienced volatility. Powell underscored the challenge of balancing inflation control and economic growth, warning of potential tensions in the Fed’s dual mandate, with inflation running above the 2% target.