#PowellRemarks 🔔 #PowellRemarks – Fed Holds Steady, Flags Inflation & Tariff Risks

Fed Chair Jerome Powell kept interest rates at 4.25–4.50% and signaled a cautious, data-driven stance 📉. Key takeaways:

• No rate cuts until September? Officials expect two cuts by year’s end, but Powell cited a “foggy” outlook and potential delays until autumn .

• Tariffs lifting prices: Powell warned that rising import duties, notably Trump-era tariffs, are likely to push inflation higher—“someone has to pay for the tariffs” .

• Growth & inflation caution: GDP forecasts were cut, inflation outlook raised to ~3%—a possible stagflation mix .

• Global uncertainty: Tariffs, Middle East tensions, and geopolitical instability paint a murky economic backdrop .

• Crypto/stock impact: Equity futures dipped, treasuries retreated, Bitcoin held $104K support—markets remain subdued amid this cautious tone .$BTC