#PowellRemarks

#PowellRemarks — Tough Talk on Inflation & Rates 📈

Jerome Powell held the line on interest rates (4.25–4.50%) on June 18, highlighting persistent inflation pressures—especially from tariffs—and warning that rate cuts may not arrive until later in 2025 or even beyond. He emphasized a cautious, data-driven Fed stance despite growing optimism in markets .

📉 Market reaction:

Equities cooled after his hawkish tone

Treasury yields bounced back following mixed signals

Bitcoin and crypto pulled back ~2%, echoing risk-off sentiment

⚠️ Key takeaway: With inflation still elevated, the Fed’s patience may stretch into late 2025—potentially setting the stage for shift in asset allocation strategies.