#PowellRemarks

During his conference on June 18, 2025, Jerome Powell underscored 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 U.S. economy remains robust, Powell highlighted ongoing uncertainties, particularly related to tariffs and geopolitical tensions.

He confirmed that the FOMC anticipates two more 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 individuals.

He also defended the Fed's independence, ensuring that decisions remain based on objective analyses, without political influence. Finally, he expressed concern over the erosion of public data, which is essential for effective economic policy management.