#PowellRemarks Federal Reserve Chairman Jerome Powell has just made key statements regarding the decision to keep interest rates at 4.25–4.50% at the FOMC meeting on June 18, 2025, with highlights as follows:

🏦 1. Maintain interest rates, but warn of rising inflation

• The Fed kept interest rates unchanged as expected—for the fourth consecutive time—but simultaneously adjusted the core PCE inflation forecast to 3.1% in 2025 (up from 2.8%).

• Powell emphasized "someone has to pay for the tariffs" – meaning that part of the costs from tariffs will be passed on to consumers.