#DiversifyYourAssets Federal Reserve Chair Jerome Powell delivered remarks emphasizing the Fed’s commitment to achieving its 2% inflation target. He acknowledged recent economic data showing persistent inflation but reiterated that the central bank will proceed cautiously with any interest rate changes. Powell noted that while the labor market remains strong, the Fed is closely monitoring inflation trends before making policy decisions. He did not signal an immediate rate cut, stressing the importance of seeing sustained progress on inflation. Powell's comments suggest a wait-and-see approach, aiming to balance economic growth with inflation control to avoid premature policy shifts. #PowellRemarks