#PowellRemarks
Federal Reserve Chair Jerome Powell’s latest #PowellRemarks have stirred fresh discussions across markets and policy circles. Speaking on inflation, Powell emphasized the Fed’s cautious approach, noting that while progress has been made, inflation remains above target. He signaled that rate cuts are unlikely in the near term, citing the need for “greater confidence” in sustained price stability. Markets reacted with slight volatility as investors recalibrated expectations for monetary easing. Powell also reiterated the Fed’s commitment to data-driven decisions, leaving the door open for adjustments depending on economic conditions. His balanced tone aimed to reassure both Wall Street and Main Street that the central bank remains focused on long-term stability. The message is clear: patience and vigilance remain the guiding principles. #Economy #FederalReserve