Powell Remarks: Steering the Economic Ship
Federal Reserve Chair Jerome Powell’s latest remarks at the International Finance Division’s 75th Anniversary Conference on June 2, 2025, underscore a cautious approach to monetary policy. Facing inflationary pressures and trade uncertainties from Trump’s tariff policies, Powell emphasized data-driven decisions to balance the Fed’s dual mandate of stable prices and maximum employment. He highlighted the Fed’s resilience during crises like the Global Financial Crisis and COVID-19, crediting swap lines and the FIMA Repo Facility. With the GENIUS Act boosting stablecoin regulation, Powell’s steady hand signals confidence in navigating economic turbulence. Investors, brace for clarity in coming months!