Powell Says It’s ‘Too Soon To Say’ On Rates As Tariffs ‘Likely To Raise Inflation’ – Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)
Federal Reserve Chair Jerome Powell signaled a cautious policy stance on Friday, hinting that slowing economic momentum is not yet enough to ease the Federal Reserve’s inflation concerns, as higher tariffs threaten to complicate the path toward price stability. Speaking at the Society for Advancing Business Editing and Writing conference, Powell said the economy is…