#PowellRemarks often refer to statements by Federal Reserve Chair Jerome Powell, which heavily influence global financial markets. His recent remarks, following the June 18, 2025 FOMC meeting, indicated that the Fed is keeping interest rates steady at 4.25%-4.50%.
Powell highlighted that inflation, while having come down significantly, remains somewhat above the 2% target, with expectations for it to accelerate over the summer, partly due to new tariffs. He noted the labor market remains strong, with low unemployment. The Fed aims for maximum employment and stable prices, signaling a cautious approach to future rate adjustments, emphasizing data dependency and the need to assess the full impact of tariffs on the economy.