#PowellRemarks Federal Reserve Chair Jerome Powell recently addressed the economic implications of the U.S. administration's newly imposed 10% tariffs on all imports. He cautioned that these tariffs are likely to lead to slower economic growth and increased inflation. While acknowledging the current strength of the U.S. economy, Powell emphasized the Federal Reserve's commitment to maintaining stable long-term inflation expectations. He stated that the Fed would await greater clarity on the economic impact of these tariffs before making any adjustments to interest rates. ​