#PowellRemarks Powell Remarks – Short Note (June 19, 2025):
Fed Chair Jerome Powell reiterated a data-dependent approach to rate cuts during his latest remarks.
He noted that inflation is easing, but not enough to justify immediate rate cuts.
Powell emphasized the need for more evidence of sustained progress toward the 2% inflation target.
He acknowledged that keeping rates high too long poses risks to the economy.
Markets interpret his tone as cautious but slightly dovish.