đŸ‡ș🇾 #Powell’s Key Remarks

A summary 👇

â–ȘInflation remains above target (2%), especially due to recent tariffs.

â–Ș Tariffs could have a more persistent impact on inflation and economic activity.

â–Ș Short-term inflation is expected to rise over the summer, driven by goods prices.

â–Ș Labor market remains stable; no signs of weakness requiring immediate rate cuts.

â–Ș #Fed policy is moderately restrictive, and the current stance allows flexibility.

â–Ș No urgency to cut rates — the Fed prefers to wait for more data before acting.

â–Ș Rate cut decisions will depend on real economic data, not forecasts.

â–Ș Fed is open to adjusting rates later, but sees no strong case for a move now.