#PowellRemarks Federal Reserve Chair Jerome Powell’s recent remarks have stirred significant attention in financial and political circles. Speaking after the Fed’s decision to hold interest rates steady at 4.25%–4.5%, Powell emphasized the uncertainty surrounding inflation, particularly due to rising tariffs and geopolitical.

Key points from his remarks include:

- Tariff-driven inflation: Powell warned that increased tariffs could lead to more persistent inflation, complicating the Fed’s policy path.

- No urgency for rate cuts: Despite market hopes, Powell signaled a cautious approach, with the Fed projecting two rate cuts in 2025 but no immediate action.

- Economic outlook: The Fed downgraded growth forecasts and raised inflation expectations, reflecting a more guarded stance.

- Political pressure: Powell’s leadership came under fire from President Trump, who criticized the Fed’s reluctance to cut rates.

Powell’s remarks underscore the Fed’s “wait-and-see” approach amid economic and political crosswinds. Markets remain watchful for clearer signals in the months ahead.