#PowellRemarks Federal Reserve Chair Jerome Powell recently stated that the Fed will keep interest rates unchanged, emphasizing caution due to persistent inflation and economic uncertainties. He warned that new U.S. tariffs could raise prices significantly, making it harder to reduce inflation. Powell noted that the labor market remains strong, but economic growth is slowing. He highlighted the importance of reliable data, warning against budget cuts to key agencies. While the Fed still expects to cut rates twice by the end of 2025, Powell made it clear that decisions will depend on incoming data, and the Fed is in no rush to ease policy.