#PowellRemarks

🗣️ Key Takeaways from Jerome Powell’s June 18 Speech:

✅ Rates on Hold — Fed stays steady, still watching the data.

📉 Cuts Possible — 2 rate cuts in 2025 if inflation cools.

⚠️ Tariff Warning — New import tariffs could push prices up.

📊 Outlook Trimmed — GDP growth forecast: 1.4%, inflation: 3%, jobless rate: 4.5%.

⏳ Patience First — Powell wants to wait “a couple of months” before any moves.

🧭 Staying Independent — Fed won’t bow to election-year politics.

🚨 Data Risks — Budget cuts could leave the Fed “flying blind” on key stats.

🎯 Bottom Line: The Fed’s in wait-and-see mode — watching inflation, tariffs, and politics carefully. #FOMC #Powell #MacroUpdate #FedMoves