#PowellRemarks

On April 17, 2025, Federal Reserve Chair Jerome Powell reaffirmed the central bank's cautious approach to interest rate adjustments, emphasizing that with a strong job market and persistent inflation, there is no need to rush into rate cuts . This stance has drawn criticism from President Donald Trump, who has expressed dissatisfaction with Powell for not lowering rates in line with the European Central Bank's recent reductions . Trump's administration has implemented significant tariffs, including a 145% tax on Chinese imports, which Powell warns could lead to slower economic growth and higher inflation . Despite political pressures, Powell maintains the Fed's independence and commitment to data-driven policy decisions.