#PowellRemarks Federal Reserve Chair Jerome Powell delivered remarks on June 18, 2025, following the Federal Open Market Committee's (FOMC) decision to maintain interest rates at 4.25% to 4.5%. This marks the fourth consecutive meeting where rates have been held steady.

Key Highlights from Powell’s Remarks

Economic Outlook: Powell noted that the U.S. economy continues to expand at a solid pace, with the unemployment rate remaining low and labor market conditions solid. However, he acknowledged that inflation remains somewhat elevated, influenced in part by recent tariff increases.

Tariff Impacts: The Fed Chair highlighted that the recent increases in tariffs are likely to raise prices and dampen economic activity. He emphasized the need to gather more information before making any changes to monetary policy amid evolving trade, fiscal, and regulatory conditions