🔔 | Urgent

🗣 Jerome Powell – Chair of the Federal Reserve

• Inflation has recently risen and remains above target levels.

• The slowdown in GDP reflects weak consumer spending.

• Job gains came in below the breakeven rate.

• After next year, most inflation forecasts align with the 2% target.

• The overall impact of tariffs on inflation remains unclear.

📌 The statements carry a balanced tone, but they show concern about inflation, which may limit the pace of interest rate cuts and increase market volatility.