#PowellRemarks

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“Held today's rates steady at 4.25–4.50%, but #Fed Chair Powell warned that inflation may rise—‘someone has to pay for the tariffs.’ He emphasized a cautious, data‑driven approach and said the Fed won’t rush into rate cuts.” #PowellRemarks

📌 Highlights:

💬 “Inflation is likely to increase in the coming months…someone will bear the cost of tariffs.”

🚫 Despite projections of two cuts later this year, Powell sounded hawkish—stressing economic uncertainty and a strong labor market.

🔍 He remains focused on data clarity: “no hurry” before adjusting policy amid volatile macro conditions.

This underlines the Fed’s stance: holding firm unless inflation evolution and geopolitical developments (like tariffs, energy, Middle