#PowellRemarks US Federal Reserve Chairman Jerome Powell in June 2025, especially around the FOMC interest rate decision on June 18, 2025, covered the following points: Interest Rates Steady: The Federal Reserve kept its benchmark interest rate unchanged in the range of 4.25%-4.5%, marking the fourth consecutive year without a change since the rate cut in December 2024. Powell emphasized that this decision was made because of the still high economic uncertainty, especially regarding the impact of the Trump administration's proposed import tariffs. Inflation and Tariffs: Powell stated that inflation has shown a decline over the past three months after the increases in January and February 2025, which he called "very good news." However, he warned that Trump's import tariffs could cause "significant" inflation going forward, both in the form of temporary price increases and longer-term effects. He suggested that the Fed would wait for further data, especially in the summer, to assess the impact of the tariffs.