#PowellRemarks

PowellRemarks SUMMARY OF FED CHAIR POWELL'S NOTABLE STATEMENT (19/6/2025)

- The FED's inflation forecast for this year is higher due to tariffs.

- Time is needed to assess the impact of inflation.

- It is reasonable to expect a time to cut interest rates.

- The FED will make more "informed" decisions if they wait a few more months.

- The FED forecasts a "significant" level of inflation in the coming months, while the unemployment rate remains at a "reasonable" level.

- The FED is currently in a favorable position to wait before making policy adjustments.

- Mr. Jerome Powell declined to directly answer questions about recent harsh remarks from President Trump.

👉As predicted, the FED Chair has chosen a cautious approach.