#PowellRemarks Here’s a summary of Powell’s recent remarks during the June 18 press conference following the Fed’s decision:

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🏛️ Key Takeaways from Powell’s Remarks

Interest rates unchanged (4.25–4.50%), consistent for the fourth time this year .

The Fed expects two quarter-point rate cuts later in 2025, though timing remains uncertain and data‑dependent .

Inflation concerns persist: Powell flagged upcoming “meaningful” inflation pressures from tariffs, emphasizing that “someone has to pay” .

Service-sector inflation is easing, but headline inflation may rise to around 3% by year-end .

He reiterated the Fed’s independence from political pressure, attributing policy decisions solely to data .

Geopolitical uncertainty—including U.S.‑China tariffs and the Israel‑Iran conflict—adds complexity to the outlook .