#PowellRemarks
Here’s a concise summary of recent remarks by Federal Reserve Chair Jerome Powell, assuming you're referring to his June 2025 comments during recent testimonies and press appearances:
🔹 Key Highlights
Interest Rate Policy:
Powell reaffirmed that the Fed remains data-dependent, and while rate cuts are still expected, the timing is uncertain due to persistent inflationary pressures.
Inflation Outlook:
Inflation is gradually easing, but progress is uneven, especially in services and housing costs. Powell noted that more confidence is needed before cutting rates.
Labor Market:
The job market is cooling slightly but remains resilient, supporting the Fed's stance of holding rates steady for now.
Risk Management:
Powell emphasized balancing dual risks:
Cutting too early could reignite inflation.
Waiting too long could harm growth and jobs.
🟢 Market Implications:
Traders now price in one or two cuts in late 2025, likely starting September or November.
Bond yields have been volatile, reflecting the uncertainty in timing.
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#FOMC #InterestRates #Inflation #FedPolicy