#PowellRemarks #PowellRemarks
Here is a concise summary of the **Fed Chair Powell's remarks on June 18, 2025** and their potential implications:
### **Key Points:**
1. **Rate Cuts Delayed, Not Denied**
- The Fed sees cuts as likely but is waiting for **more data** (likely Q3/Q4 2025). Markets may need to adjust their timing expectations.
- *Why?* They want **certainty** that inflation is sustainably close to 2% before acting.
2. **"Wait and See" Mode**
- The Fed is prioritizing **caution** over speed, avoiding premature moves that could reignite inflation or destabilize growth.
- *Watch:* Upcoming CPI, employment, and GDP reports for clues on timing.
3. **Inflation Warning**
- Powell warned of a **"significant increase" in inflation** looming, likely due to persistent supply shocks or energy prices.
- *Implication:* Rate cuts could be **more shallow or delayed further** if inflation spikes.
4. **Strong Labor Market = No Rush**
- Low unemployment (likely around 3.5–4%) gives the Fed **room to keep rates higher for longer** without urgent pressure to ease.
5. **Lagged Effects of Inflation**
- Powell emphasized that inflation trends develop **gradually**, suggesting patience is needed before declaring victory.
#Market and Economic Implications:**
- **Short-term:** Stocks may drop due to delayed cuts, but stability in employment could limit the decline.
- **Bonds:** Yields may remain elevated; traders may postpone their rate cut bets.
- **Consumers/Businesses:** Borrowing costs (mortgages, loans) remain high until late 2025.#CryptoStocks