#PowellRemarks

Federal Reserve Chair Jerome Powell’s recent remarks highlighted a cautious approach to monetary policy. He emphasized that while inflation has eased from its peak, it remains too high to declare victory. Powell signaled that the Fed is not ready to cut interest rates until there’s greater confidence that inflation is sustainably moving toward the 2% target. He also noted that the labor market remains strong, but economic data will guide future decisions. Powell’s comments suggest the Fed is in a wait-and-see mode, prioritizing stability over rapid easing, which impacted market sentiment and added uncertainty to the rate-cut timeline.