#PowellRemarks

Federal Reserve Chair Jerome Powell’s latest remarks highlighted a steady but cautious economic outlook. He emphasized that inflation, though lower than last year, is still above the Fed’s 2% target, requiring more sustained improvement before any interest rate cuts. Powell noted that the labor market remains strong but is showing early signs of cooling. His comments suggest the Fed will remain patient and data-dependent, avoiding hasty policy shifts. Markets responded with moderate volatility, as investors adjusted expectations for future rate changes. Powell's balanced tone aims to support economic stability while staying vigilant against inflation risks. Traders now look to upcoming inflation data for further direction.