#PowellRemarks

Powell indicates that tariffs may pose a challenge for the Federal Reserve between controlling inflation and boosting growth.

● Federal Reserve Chairman Jerome Powell said on Wednesday that the central bank may find itself in a dilemma between controlling inflation and supporting economic growth.

● In a speech in Chicago, he said: "If that happens, we will consider how far the economy is from each target, and the different time horizons during which these gaps are expected to be closed."

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Powell did not express any view on the direction of interest rates, but he indicated that "for now, we are in a good position to wait for more clarity before considering any adjustments to our monetary policy stance."