#PowellRemarks

In his latest speech, **Jerome Powell**, Chairman of the U.S. Federal Reserve, emphasized the importance of **waiting and caution** in interest rate policy due to current economic challenges, such as **high inflation** and the impact of **tariffs** on prices.

He noted that inflation may temporarily rise due to tariffs, but he believes that long-term expectations remain stable at the 2% target. He also observed a cooling in the labor market, but it is still strong, with the unemployment rate rising to 4.3%.

Powell confirmed that the Fed is **prepared to cut rates** later this year if data shows an economic slowdown, but he cautioned against hasty decisions.

The speech focused on **flexibility** and **data dependence** in an uncertain economic environment.