#PowellRemarks
Summary of Jerome Powell's Statements – June 2025
📌 Key Points:
1. Interest rate held between 4.25% and 4.50%
The U.S. Federal Reserve kept the interest rate unchanged for the fourth time this year to monitor economic developments.
2. Two rate cuts expected during 2025
The central bank still expects to lower the interest rate twice before the end of the year, but the timing depends on economic data.
3. Warning about inflation due to tariffs
Powell said: “Someone will pay the price of the tariffs,” referring to the fact that tariffs may raise prices and slow down growth.
4. Economic growth forecast reduced to 1.4%
The forecast for U.S. economic growth has been downgraded, with a slight increase in inflation expectations to around 3%
💡 What does this mean for you?
• If you are a consumer or a borrower: do not expect interest rates to drop very soon.
• If you are an investor: markets will continue to monitor inflation and growth data to determine the timing of cuts.
• The U.S. economy: will remain under pressure from tariffs, which may increase inflation and delay any monetary stimulus.
Conclusion:
Powell shows a commitment to the independence of the Federal Reserve and a willingness to adapt to all data. The messages are clear:
• No immediate rate cut
• Inflation linked to tariffs and geopolitics
• Possibility of future cuts, but remains conditional on economic data.