#PowellRemarks Here’s a concise 100‑word summary of Chair Powell’s latest remarks from June 18, 2025:

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Jerome Powell emphasized the Federal Reserve’s data‑driven approach, holding rates steady at 4.25–4.50% for a fourth meeting amid “elevated uncertainty” from tariffs and global tensions . He projected two rate cuts by year‑end, subject to evolving conditions . Powell warned that recent U.S. tariffs could fuel “meaningful” inflation in the summer, noting “someone has to pay for the tariffs” . He praised the strong labor market, with low unemployment and balanced wage growth . He also cautioned against trimming economic‑data resources, calling reliable statistics a “public good” .

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