#PowellRemarks A brief summary of what Jerome Powell, the Chairman of the American Federal Reserve, said during his talk about market conditions on June 18, 2025:

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🏦 Key points:

1. Maintaining interest rates

Remain at 4.25–4.50% after being held steady for the fourth consecutive time.

2. **Impact of tariffs**

An increase in prices is expected during the summer due to these tariffs.

He emphasized that these tariffs will require "someone to pay the bill," reflecting their proximity to consumers.

3. **"Data dependence" strategy**

Markets are mixed, and the economy faces uncertainties linked to trade policies and global events.

Therefore, the next decision regarding interest rates will rely on upcoming data.

4. Anticipation of subsequent cuts

Economists and dot-plot data indicated a possible reduction of about half a point after summer if inflation stabilizes.