#PowellRemarks Fed Chair Powell – Summary of June 18, 2025:

Here 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 predict a "significant" increase in upcoming inflation.

4. The unemployment rate is stable, no urgent action needed.

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

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