#PowellRemarks
Federal Reserve Chair Jerome Powell maintained interest rates at 4.25–4.5% on June 18, signaling caution in the face of persistent inflation pressures. He warned that tariffs from former President Trump are likely to begin driving consumer prices higher this summer, as past data confirms that “ultimately, the cost … will fall on the end consumer” . Powell emphasized that the Fed will rely on incoming data and mentioned risks from trade policy and geopolitical tensions—including Iran‑Israel developments—before considering rate adjustments . His measured tone underscores a “wait‑and‑see” stance amid uncertain economic conditions. #PowellRemarks