#PowellRemarks

Federal Reserve Chair Jerome Powell spoke today following the Fed’s decision to keep interest rates steady at 5.25%–5.50%.

Powell emphasized a cautious, data-driven approach moving forward, highlighting that inflation remains elevated but has shown signs of cooling.

He addressed concerns over new tariffs, warning they could temporarily boost prices and slow economic activity. Despite these risks, Powell said the Fed’s current stance is well-positioned, and the central bank is still projecting two possible rate cuts by the end of 2025.