Powell emphasizes Fed’s obligation to prevent ‘ongoing inflation problem’

Beschreibung:

Federal Reserve Chair Jerome Powell emphasized the Fed’s commitment to controlling inflation, saying policymakers will hold off on changes until they better understand the impact of tariffs on prices. He described economic growth as strong and the labor market near full employment but noted inflation remains above the 2% target. Powell cautioned that the effects of tariffs are still uncertain and that the Fed is prepared to wait before adjusting policy, CNBC has reported. His cautious stance may further irritate President Trump, who has criticized Powell publicly. read more: 👍 Like this video to help others stay informed on how Fed decisions impact the economy and your wallet. 💬 Comment below—do you think the Fed should wait, or act now to fight inflation? 🔗 Share this video to spread awareness about the economic factors shaping U.S. policy. 💰 Want to support the channel? You can donate directly by hitting the YouTube Thanks button. Your support helps us keep delivering essential financial news. 👉 Don’t forget to subscribe for more updates Thanks for watching and supporting the channel. Links for B.C. Visit My Website Follow Me On Facebook Subscribe To My Patreon Watch Me On YouTube Follow Me On Twitter Watch Me On Rumble Follow Me On Gab Follow Me On Truth Social Follow Me On BlueSky Watch Me On TikTok #JeromePowell #FedPolicy #InflationWatch