Federal Reserve Chair Jerome Powell recently addressed differing opinions regarding the future economic outlook during a recent event, according to BlockBeats. He stated that central focus is on predicting potential inflation and its impact on monetary policy. Mr. Powell highlighted that core personal consumption expenditures (excluding tariffs) are likely to be around 2.3% to 2.4%. Notably, he emphasized that the inflation rate excluding tariffs is only slightly distant from the 2% target set by the Federal Reserve. Additionally, Mr. Powell asserted that the effects of tariffs on inflation should not be viewed as a temporary surge. The Federal Reserve believes that its monetary policy remains relatively tight and is firmly committed to returning inflation to its targeted 2%.