#PowellRemarks Jerome Powell, President of the Federal Reserve of the United States since 2018, is currently at the center of an intense economic and political debate. In June 2025, the Fed decided to keep interest rates between 4.25% and 4.5%, marking the sixth consecutive month without changes. This decision reflects a cautious stance in the face of inflation, which, although it has decreased since 2024, slightly rebounded in May, standing at 2.4%.

Powell has defended this policy as necessary to avoid economic overheating, especially given the uncertainty generated by the tariffs imposed by the Trump administration. However, this stance has drawn strong criticism from President Trump himself, who has labeled Powell as “stupid” and demanded his removal for not reducing interest rates at the pace of other economies like the European one.

Despite political pressure, Powell has reiterated the Federal Reserve's commitment to its institutional independence. In his most recent statements, he emphasized that the Fed is “well positioned to react” to economic changes, but that for now it is prudent to maintain the current policy while assessing the effects of government measures.

Powell's term expires in May 2026, and although Trump has hinted at his replacement, he has also stated that he will likely let him finish his term. In this context, Powell continues to navigate a challenging environment, balancing economic stability with political pressure in a key year for the U.S. economy.