Powell’s Speech – Key Points You Should Know:
🚨 Inflation has dropped a lot, but short-term inflation fears are rising
🚨 New tariffs are way bigger than expected
🚨 Future inflation depends on how big the tariffs are, when they hit, and what people expect
🔸 Fed isn’t rushing to change policy right now
🔸 There's a lot of confusion about where tariffs are heading
🔸 We’ll get a clearer picture week by week
🔸 No timeline on when this will settle
🚨 If needed, the Fed can act fast
🚨 Powell admits he’s not sure what the best rate path is
🚨 President pushing for rate cuts doesn’t affect their decision
🔸 Powell says uncertainty is super high
🔸 Risks are growing, but no major hit to the economy—yet
🔸 People are nervous, but the real impact hasn’t shown up in data
🔸 Powell won’t guess about future rate cuts—says wait for June
🚨 Says he’s never asked to meet the President—and wouldn’t
🔸 Also confirms: President hasn’t asked to meet him either.