#PowellRemarks

Here’s a concise 100‑word update on Chair Powell’s June 18 remarks:

Federal Reserve Chair Jerome Powell emphasized caution, saying the Fed will “learn more” before altering monetary policy amid evolving trade, fiscal, and regulatory pressures, particularly from incoming tariffs . He noted that tariffs are likely to push up prices but could suppress growth, cautioning that “someone has to pay for the tariffs” . While the Fed held rates at 4.25–4.50%, it still forecasts two cuts this year but acknowledged rising inflation and uncertainty could delay action until September . Powell stressed the importance of maintaining data integrity and institutional independence.