$USDC

Here’s a concise update on Powell’s recent remarks:

Federal Reserve Chair Jerome Powell maintained interest rates at 4.25–4.50%, emphasizing uncertainty from tariffs and awaiting clearer inflation signals before any cuts. He warned that the cost of new tariffs will “somehow land on the consumer,” likely triggering “meaningful” inflation in the coming months (businessinsider.com, reuters.com). Powell also noted a robust labor market but stressed that a “data‑dependent” approach is needed, and that the timing of rate cuts hinges on genuine progress in inflation returning to target . His cautious tone underscores the Fed’s commitment to balancing inflation control with economic support amid global trade risks.