#PowellRemarks Federal Reserve Chair Jerome Powell just made key remarks regarding the decision to keep interest rates at 4.25–4.50% during the FOMC meeting on June 18, 2025, with highlights as follows:

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🏦 1. Keeping interest rates unchanged, but warning of rising inflation

• The Fed kept interest rates unchanged as expected—for the fourth consecutive time—but simultaneously adjusted the core PCE inflation forecast to 3.1% in 2025 (up from 2.8%). 

• Powell emphasized that "someone has to pay for the tariffs" – meaning part of the cost from tariffs will be passed on to consumers.