#PowellRemarks Jerome Powell and Fed Economic Measures:

The Fed Chairman, Jerome Powell, has pushed for new economic measures in the U.S. His main goal: to combat high inflation.

The key strategy is to raise interest rates. This makes money more expensive. It aims to cool demand and lower prices.

He is also reducing the Fed's balance sheet, taking liquidity out of the system. Powell maintains a firm stance.

He states that rates will remain high for a while. The objective is to bring inflation back to 2%. The Fed acts based on the data.

In summary: restrictive monetary policy to control prices.