#PowellRemarks
from June 18, 2025, centered on the Federal Reserve’s decision to keep interest rates steady at 4.25–4.5%. Fed Chair Jerome Powell highlighted persistent inflation pressures and strong labor market data as reasons for caution. He signaled that while rate cuts may still come later in the year, the timeline remains uncertain due to evolving economic conditions. Powell warned that tariffs and global instability could add to inflation, stating “someone has to pay for the tariffs.” He also stressed the importance of reliable economic data, cautioning that cuts to federal statistical agencies would hinder the Fed’s ability to make informed decisions.