#PowellRemarks Here’s a refined 100‑word summary of Federal Reserve Chair Jerome Powell’s June 18, 2025 remarks:

Fed Chair Powell said the U.S. economy remains solid—employment is near maximum and inflation has cooled, though still above the 2% goal. The FOMC held the policy rate at 4.25–4.50%, projecting two rate cuts this year but noting uncertainty due to tariff-driven inflation pressure. Powell said tariffs will likely raise consumer prices and urged caution until their full impact is understood. He emphasized a data‑dependent approach and lamented potential cuts to government data collection. He affirmed the Fed’s independence amid political pressure while balancing its dual mandate of stable prices and maximum employment.