#PowellRemarks Interest Rates Held Steady
The Fed kept rates at 4.25%–4.50% for the 4th time. No cuts yet—but the door’s open for maybe two later this year.
🔥 Inflation Still a Threat
Powell warns of “meaningful inflation ahead” driven by tariffs and energy prices. Translation? Rate cuts won’t come easy. 📉
🌀 Uncertain Forecasts
He called the rate outlook “foggy”—reminding everyone that the Fed is data-dependent, not date-dependent.