#PowellRemarks Here is my opinion on Jerome Powell's recent remarks:
Jerome Powell remained cautious in reaffirming that the Fed has suspended interest rate cuts until it has more data on the impact of tariffs and geopolitical tensions. His "hawkish" tone – characterized by concerns over inflation and lower growth – suggests a blend of firmness and prudence. The ambiguous rhetoric regarding future reductions, coupled with the uncertainty of the "dot plot," keeps the markets on edge.
In my opinion, Powell balances his commitment to price stability and employment well, even in the face of political pressures and external challenges. This prudent balance is crucial to avoid hasty decisions and preserve the Fed's credibility.