On June 18, 2025, Federal Reserve Chairman Jerome Powell presented several key points in his remarks (#PowellRemarks):

Maintaining the interest rate: The Open Market Committee decided to keep the interest rate range unchanged at 4¼–4½%, indicating the bank's readiness to respond quickly to any economic developments. Focus on data quality: Powell warned against cuts in budgets and staff of government agencies such as the Bureau of Labor Statistics, cautioning that this could weaken the accuracy of inflation indicators and future monetary policy decisions. Concern over the impact of tariffs: He confirmed that new tariffs could raise prices and burden consumers, and that the bank will monitor their impact this summer before taking further steps. Labor market situation: Powell described the labor market as “matching maximum employment requirements” with low unemployment rates (around 4.2%), although he emphasized a slowdown in the pace of job creation compared to previous months. Ambiguous future outlook: He stressed that economic forecasts remain “uncertain” and that upcoming decisions will be based on incoming data and the evolution of gaps between inflation and employment.

In summary, Powell's remarks focused on maintaining the current monetary policy while closely monitoring data quality and the effects of tariffs on inflation.