#PowellRemarks

🚀 #PowellRemarks: The Fed maintains stable rates amid economic uncertainty

In his latest conference, Federal Reserve Chairman Jerome Powell highlighted that the U.S. economy continues to show resilience but faces key challenges:

🔹 Rates unchanged: The Fed kept rates in the range of 4.25% to 4.5%, prioritizing stability amid inflationary pressures driven by Trump's tariffs.

🔹 Impact of tariffs: Powell warned that the costs of tariffs will be passed on to consumers in the coming months, which could temporarily raise inflation.

🔹 Cautious approach: "We are well positioned to wait," Powell said, indicating that the Fed will not act until there is greater clarity on the economic trajectory.

Although some officials project two rate cuts this year, others foresee none, reflecting internal divisions. Meanwhile, markets reacted moderately, remaining stable but alert to new signals.

What's next? The Fed will closely monitor the impact of tariffs and job growth before making decisions. 📉💼 #Economy #Markets #Fed

"The best contribution we can make is to restore price stability" — Jerome Powell.