Fed Chair Powell – June 18, 2025 Summary:
Here’s the key takeaways:
1. Rate cuts are coming — but not just yet. Timing is everything.
2. The Fed prefers to wait a few months to make more informed decisions.
3. They expect a “meaningful” rise in inflation ahead.
4. Unemployment is stable, no urgent action needed.
5. The full impact of inflation will take time to unfold.
6. Tariffs are forcing the Fed to revise inflation forecasts upward for 2025.