Summary of Jerome Powell's statements at the Federal Open Market Committee conference
Inflation remains above target, with the Fed committed to balancing price stability and promoting employment.
Economic data indicates a slowdown in growth, but the current monetary policy, with the interest rate at 5.25-5.50%, provides flexibility to handle developments.
Tariffs have caused inflationary pressures on some goods, but the overall impact is uncertain.
Decisions from the September meeting have not yet been made, with markets awaiting future moves from the Fed.