#PowellRemarks
Federal Reserve Chair Jerome Powell emphasized the Fed’s dual mandate—maximizing employment and achieving 2 % inflation—while holding interest rates steady at 4.25–4.5 % amid elevated uncertainty
federalreserve.gov
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youtube.com
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kiplinger.com
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reuters.com
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. He noted the labor market remains robust and inflation has declined but remains above target, with core PCE near 2.6 % and expectations elevated by tariffs . Powell cautioned that new tariff pressures may push inflation higher and voiced concern over cuts to government economic data collection—warning that reduced quality “could leave us flying blind”
reuters.com
. Despite market optimism for rate cuts later in 2025, he urged patience and a data‑dependent approach to policy. Powell reaffirmed the Fed’s independence and commitment to careful monitoring before adjusting rates.
Top news on Powell’s remarks today
reuters.com
Fed keeps rates steady but pencils in two cuts by end of 2025; Powell sees 'meaningful' inflation ahead
Today
businessinsider.com
Powell holds rates steady, but warns inflation is coming: 'Someone has to pay for the tariffs'
Today
theguardian.com
Federal Reserve holds interest rates, defying Trump's demand to lower them
Today