#PowellRemarks SUMMARY OF FED CHAIR POWELL'S KEY STATEMENTS (06/19/2025)

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

- Time is needed to assess the impact of inflation.

- It may be reasonable to consider cutting interest rates at some point.

- 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 President Trump's recent harsh remarks.