#PowellRemarks Jerome Powell, the Chair of the Federal Reserve, has made recent remarks on the economic outlook. Here are some key points:

- *Economic Growth*: Powell noted that the US economy has weathered the pandemic well and is currently in a solid position, with growth expected to continue, albeit at a slower pace.

- *Inflation*: Inflation has eased significantly from its peak but remains above the 2% target. Powell emphasized the Fed's commitment to bringing inflation down to the target rate.

- *Monetary Policy*: The Fed has been adjusting its policy stance, lowering interest rates to maintain economic strength and support maximum employment.

- *Labor Market*: The labor market is at or near maximum employment, with job growth slowing down relative to last year. Wage growth has moderated but still outpaces inflation.

- *Trade Policy*: Powell mentioned that trade policy changes, including tariffs, could lead to higher inflation and slower growth, and the Fed will closely monitor these developments.

In his speech on April 16, 2025, Powell highlighted the uncertainty surrounding the new Administration's policy changes and their potential impact on the economy. He emphasized the Fed's commitment to keeping longer-term inflation expectations well-anch