#PowellRemarks

Fed Chair Jerome Powell, in his June 2025 remarks, emphasized caution amid ongoing economic uncertainty. The Federal Reserve kept interest rates steady, citing stubborn inflation and the unclear impact of recent tariff hikes. Powell stressed the need for more data before considering rate cuts, despite market hopes for easing later this year. He reaffirmed the Fed’s independence, resisting political pressure to act prematurely. Tariffs on imported goods are expected to drive prices higher in coming months, complicating the inflation outlook. Powell described the economic forecast as "foggy," signaling a patient, data-driven approach moving forward.

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