#PowellRemarks

Fed Chair Jerome Powell held rates at 4.25–4.50%, stressing the Fed remains data‑dependent amid rising uncertainty from tariffs, fiscal policy, and global risks. He warned that recent and upcoming tariff pass‑throughs may fuel "meaningful" inflation, urging patience until real economic effects are clearer. Speaking at the press conference, he emphasized the need for robust data, cautioning that cuts should wait for solid evidence in labor and price trends. Powell reaffirmed the Fed’s independence, resisting political pressure for premature rate cuts. Investors now eye a potential September move—but for now, Fed stays its cautious course. #PowellRemarks