Key Points from Powell's Speech After Holding Interest Rates Steady
- The US economy is entering 2026 on a steady footing.
- Inflation remains high.
- Inflation in the goods sector has been affected by tariffs.
- I appeared in court because it is the most important case in the history of the Federal Reserve.
- I will not comment on political questions.
- We will not comment on the movements of the US dollar; this is the responsibility of the Treasury Department.
- Some members of the Federal Reserve wanted to lower interest rates.
- Tariffs have clearly affected commodity prices.
- The Federal Reserve is not considering raising interest rates at this time.
- The independence of the Federal Reserve is very important for serving the people, and there must be a separation between politics and economics. I'm not just talking about America, but about all countries.
- The technology sector has the most positive impact on jobs and wages.
I advise the next Federal Reserve chairman to stay away from politics.
