#PowellRemarks #PowellRemarks

In a press conference held on June 18, 2025, following the Federal Open Market Committee (FOMC) meeting, US Federal Reserve Chairman Jerome Powell confirmed the following points:

1. The interest rate will remain unchanged in the 4.25-4.50% range, for the fourth consecutive time, despite political pressure from President Trump who called for a rate cut.

2. Two potential interest rate cuts are likely before the end of 2025, although 7 of the 19 committee members expect no rate cuts this year.

3. Powell indicated that the tariffs imposed by the Trump administration will lead to temporary price pressures and possibly push inflation higher in the summer, but stressed the need to wait for the data before taking any action.

4. He described the labor market as strong and presenting no significant risk, with the jobs market remaining at satisfactory levels and wage growth stable, despite a slight decline in the pace of job creation.