#PowellRemarks 🔥 Powell Remarks: Fed Holds Rates, Warns of Incoming Inflation Shock 🔥

The Fed held rates at 4.25%–4.50%, but Chair Jerome Powell’s message was anything but calm. He warned that new tariffs will trigger “meaningful inflation,” adding, “Consumers will feel it.”

While two rate cuts are still on the table for 2025, 7 of 19 Fed officials now expect no cuts at all—signaling deepening concern. GDP growth has been cut to 1.4%, and inflation is forecast to hit 3% by year’s end.

📉 Markets wobbled as Powell made it clear: rate cuts won’t come easy. The fight against inflation isn’t over.