#PowellRemarks

Federal Reserve Chairman Jerome Powell has signaled a cautious approach to interest rates, citing uncertainty around inflation and economic growth. Powell noted that the economy is in "very good shape" but emphasized the need for patience in monetary policy decisions. He also highlighted the potential inflationary impact of tariffs, stating that they could lead to higher prices and slower growth. The Fed is closely monitoring incoming data and will adjust policy accordingly. With the economy at full employment and inflation nearing the 2% target, Powell's remarks suggest a dovish stance on rate cuts.