#PowellRemarks
During his conference on June 18, 2025, Jerome Powell emphasized that monetary policy remains unchanged, with interest rates maintained between 4.25% and 4.5%. He reaffirmed the Fed's commitment to its dual mandate: maximum employment and price stability. Although the American economy remains robust, Powell highlighted persistent uncertainties, particularly related to tariffs and geopolitical tensions.
He confirmed that the FOMC still anticipates two rate cuts in 2025, but specified that these forecasts will strictly depend on upcoming data. Powell warned of a possible rise in inflation, partly due to tariffs, cautioning that their impact will be inevitable for people.