#PowellRemarks Here’s a concise 110‑word summary of Fed Chair Jerome Powell’s remarks on June 18, 2025:

Fed Chair Powell emphasized that the Federal Reserve retained interest rates at 4.25–4.50%, guided by data to support maximum employment and 2% inflation. He cautioned that recent tariffs may elevate inflation as costs filter through to consumers, delaying progress toward the Fed's target

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. Powell described the economic outlook as uncertain—citing moderating GDP, resilient labor markets, and elevated wage growth—and stressed the need for humility in forecasting amid evolving trade and geopolitical risks

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. While the Fed’s dot plot projected two rate cuts later this year, Powell underscored caution and a willingness to “wait for greater clarity” before acting