#PowellRemarks Powell’s June 2025 Remarks 📊

Fed Chair Jerome Powell kept interest rates steady at 4.25 %–4.50 %, opting for data-driven patience rather than quick cuts . He emphasized that proposed Trump-era tariffs may fuel “meaningful” inflation, affecting producers and consumers alike . The Fed believes inflation could reach around 3 % by year‑end, with growth slowing to 1.4 % and unemployment rising modestly .

Powell reaffirmed the Fed’s independence, resisting political pressure—especially from Trump, who called him “stupid” and demanded immediate cuts . He noted economic forecast uncertainty and urged patience, suggesting that any cuts would likely wait until September . His message: careful, data‑based policymaking over politics.