#PowellRemarks In a speech delivered on April 16, 2025, at the Economic Club of Chicago, Federal Reserve Chairman Jerome Powell stated that the central bank will keep interest rates unchanged, awaiting clarifications regarding the economic impact of the trade tariffs imposed by the Trump administration.

Key points from Powell's statements:

• Effects of trade tariffs: Powell warned that the new tariffs could increase inflation and negatively affect employment, complicating the Federal Reserve's efforts to maintain price stability and maximum employment.

• Labor market and inflation: Although the labor market remains solid, it has cooled compared to the overheating conditions of previous years. Inflation has decreased significantly but remains above the Federal Reserve's 2% target.