#PowellRemarks Federal Reserve Chair Jerome Powell's recent remarks emphasized a cautious approach to monetary policy amid mixed economic signals. While inflation has moderated, it remains above the 2% target, prompting the Fed to keep interest rates elevated for now. Powell noted strong labor markets but highlighted uncertainties, including geopolitical risks and lagging effects of past rate hikes. Markets interpreted his comments as dovish, anticipating potential rate cuts later in 2024 if inflation trends downward sustainably. Powell reiterated data dependency, avoiding premature policy shifts. His balanced tone aimed to reassure markets while keeping options open, underscoring the Fed's focus on achieving price stability without derailing growth. (100 words)