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

Here are the key points:

1. Upcoming interest rate cuts — but not just yet. 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 coming up.

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

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

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