#PowellRemarks Chairman of the US Federal Reserve Jerome Powell in June 2025, particularly ahead of the FOMC interest rate decision on June 18, 2025, discussed the following points: Stable Interest Rates: The Federal Reserve maintained the benchmark interest rate unchanged in the range of 4.25%-4.5%, marking the fourth consecutive year without change since the rate cut in December 2024. Powell emphasized that this decision was made due to still high economic uncertainty, particularly regarding the impact of the import tariffs proposed by the Trump administration. Inflation and Tariffs: Powell stated that inflation has shown a decline over the last three months after an increase in January and February 2025, which he called "very good news." However, he warned that Trump's import tariffs could lead to "significant" inflation ahead, both in the form of temporary price increases and long-term impacts. He suggested that the Fed wait for further data, especially in the summer, to assess the impact of the tariffs.
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