#PowellRemarks Chairman Powell – Summary of June 18, 2025:

Below are the key points:

1. Upcoming interest rate cuts — but not right now. Timing is everything.

2. The Fed prefers to wait a few more months to make a more accurate decision.

3. They anticipate a "significant" increase in inflation ahead.

4. Unemployment rates are stable, no urgent action needed.

5. The full impact of inflation will take time to unfold.

6. Taxes are forcing the Fed to adjust its inflation forecast upward for 2025.