#PowellRemarks
Fed Chair Jerome Powell spoke after the June 2025 FOMC meeting, where interest rates were held steady at 4.25%–4.5% for the fourth straight time 📉. He acknowledged that inflation has cooled but remains above the 2% target, especially with Trump’s tariffs expected to push goods prices higher this summer 📦🔥.
Powell emphasized that the Fed is in no rush to cut rates and will stay data-dependent 📊. He also warned against reading too much into the Fed’s rate projections, saying they could shift based on incoming inflation and labor data.
Despite political pressure, Powell maintained a cautious tone, aiming to balance inflation control with economic stability ⚖️. Markets reacted with mixed signals—stocks dipped slightly, gold edged up, and the dollar held firm 💹.