#PowellRemarks Jerome Powell, President of the Federal Reserve, has expressed his concern about the impact of tariffs on the U.S. economy. In his latest statement, he emphasized that tariffs pose an inflationary risk and could increase inflation in the coming quarters. He also mentioned that the U.S. economy remains in a good position, with solid growth and a balanced labor market, but uncertainty is high and downside risks have increased ¹.

Some key points from his comments include ²:

- *Inflation*: Tariffs could increase inflation and negatively affect the economy.

- *Economic growth*: The U.S. economy continues to grow, but at a slower pace.

- *Labor market*: The labor market is balanced, with an unemployment rate of 4.2% in March.

- *Monetary policy*: The Federal Reserve is prepared to adjust its monetary policy stance as necessary to maintain economic stability.