#PowellRemarks The president of the Federal Reserve, Jerome Powell, stated on June 18, 2025, that the central bank is keeping the interest rate between 4.25% and 4.50%, while awaiting concrete data on the impact of trade tariffs on inflation. He highlighted that the labor market remains strong — unemployment around 4.2% — and that inflation, although it has eased, remains above the 2% target. Powell reiterated the independence of the Fed, emphasizing the need for a data-driven approach, and warned against premature cuts that could compromise the collection and quality of economic statistics.