#PowellRemarks

On June 18, 2025, the Federal Reserve kept interest rates at 4.25–4.50%, with an implicit signal of two potential cuts during 2025, although there is currently no consensus. Federal Reserve Chairman Jerome Powell emphasized that:

Inflation may rise soon due to the tariffs imposed by President Trump, but he affirmed that the central reason for monetary policy is to monitor economic data.

The U.S. economy remains strong: modest growth, a stable labor market with unemployment at 4.2–4.5%, and wage growth exceeding inflation.

He promised not to overly rely on "dot plot" forecasts, as those paths are subject to change based on data, especially upcoming inflation data.

📊 Market results:

Bond yields rose temporarily but fell during the press conference, amid cautious investor responses.

Stock movements were mixed; the S&P, Nasdaq, and Dow experienced slight fluctuations following Powell's remarks.