#PowellRemarks
🔹 Speaker: Jerome Powell, Chair of the U.S. Federal Reserve
🔹 Topic: Interest Rates, Inflation, and Economic Outlook
🔹 Date: June 2025
🔹 Context: Post-FOMC meeting remarks
🧾 Summary of Powell’s Remarks:
✅ Interest Rates:
The Fed will keep interest rates steady for now, awaiting more data. Cuts may come later in 2025 if inflation continues to fall.
✅ Inflation:
Inflation has eased but remains above the 2% target. Powell stressed the need for more "sustained progress" before easing policy.
✅ Labor Market:
The U.S. job market is cooling but still strong. Wage growth is moderating, which could help reduce inflationary pressure.
✅ Recession Risk:
Powell sees low immediate risk of a recession but acknowledges uncertainty due to global factors and tightening credit.
✅ Market Reaction:
Stocks rose slightly. Crypto and gold were stable. Bond yields were mixed after the spe