#PowellRemarks

#PowellRemarks

Federal Reserve Chair Jerome Powell's recent remarks have drawn significant attention in financial markets. He emphasized the importance of data-driven decisions regarding interest rates, signaling that the Fed is not yet ready to cut rates until inflation moves sustainably toward the 2% target. Powell acknowledged progress in controlling inflation but cautioned that risks still remain. Investors interpreted his comments as slightly hawkish, causing shifts in market expectations. Powell also reassured that the Fed would remain vigilant and flexible in responding to economic developments. His balanced tone highlights the Fed’s cautious stance in navigating the post-pandemic recovery and inflationary pressures.