#PowellRemarks Jerome Powell, the Federal Reserve Chair, recently held a press conference on June 18, 2025, after the Fed's decision to hold interest rates steady. Here are the key points from his remarks.
- *Interest Rate Decision*: The Fed chose to maintain current interest rates, aligning with expectations.
- *Economic Outlook*: Powell's comments addressed economic uncertainty, particularly regarding President Trump's tariffs and the Middle East geopolitical conflict.
- *Dot Plot Update*: Although not discussed in the latest press conference, the Fed's "dot plot" chart, last updated in March, indicated that most officials anticipate two rate cuts by the end of 2025.
- *Dual Mandate*: Powell emphasized the Fed's focus on achieving maximum employment and stable prices for the American people, as mentioned in his March press conference.
Investors and analysts closely watched Powell's remarks for insights into the Fed's path for the rest of 2025. The market reacted with the S&P 500 and Nasdaq experiencing slight decreases, down 0.48% and 0.65% respectively, as of June 19, 2025.$BTC
