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# Fed Chair Powell Signals Potential Policy Shifts Amid Economic Uncertainty [New York – By Jang Do-seon, Correspondent] Federal Reserve Chairman Jerome Powell emphasized caution in his latest speech, underscoring the challenges facing the U.S. economy. Powell noted that while inflationary pressures appear to be easing, significant uncertainties remain, particularly in the labor market and global supply chains. Powell stated, “The Federal Reserve remains committed to its dual mandate of achieving maximum employment and stable prices. However, we must be vigilant and adaptable in our policy approach given the evolving economic landscape.” Market reaction to Powell’s comments was mixed. Major indices fluctuated throughout the trading session as investors weighed the potential implications of a more cautious Fed stance. The S&P 500 closed down 0.3%, while the Dow Jones Industrial Average slipped 0.2%. The tech-heavy Nasdaq Composite ended the day with a gain of 0.1%. Analysts noted that Powell’s measured tone signals a possible shift in the Fed’s policy trajectory. “The Fed is clearly recognizing the complexity of the current economic environment,” said Jane Smith, chief economist at ABC Financial. “This cautious approach may reflect concerns about external risks, such as geopolitical tensions and supply chain disruptions.” In addressing the labor market, Powell highlighted the uneven recovery across different sectors. “While some industries, particularly technology and finance, have rebounded strongly, others, such as hospitality and retail, are still struggling to regain pre-pandemic employment levels,” he observed. Global supply chain issues were another focal point of Powell’s remarks. He acknowledged that disruptions have contributed to inflationary pressures and stressed the need for international cooperation to resolve bottlenecks. Looking ahead, the Federal Reserve will continue to monitor a broad range of economic indicators to guide its policy decisions. “We will not hesitate to make adjustments to our stance as warranted by changing conditions,” Powell concluded. Investors and analysts will be closely watching upcoming economic data releases, particularly those related to inflation and employment, as they look for further clues about the Fed’s policy direction.