#PowellRemarks Here are the key takeaways from Federal Reserve Chair Jerome Powell’s recent remarks at the June 18, 2025 FOMC press conference:

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🏦 Monetary Policy & Inflation

The Fed left interest rates unchanged at 4.25 %–4.50 %, maintaining a cautious stance amid rising goods inflation .

Powell flagged tariff-driven price increases, particularly for steel, aluminum, electronics, and computers. He emphasized that these costs are beginning to reach consumers and could intensify through the summer .

Despite inflation gradually moderating, it still exceeds the 2 % target: core PCE inflation stands near 2.6 %, with overall PCE at 2.3 %, and the forecast rising to 3.0 % by year-end .

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📊 Economic Outlook & Rate Path

The Summary of Economic Projections anticipates two rate cuts before the end of 2025, though Powell stressed that future decisions will depend on evolving data