#PowellRemarks Here’s a refined summary of Chair Powell’s recent remarks:

Jerome Powell reaffirmed the Federal Reserve’s cautious, data‑driven outlook, keeping rates steady in June due to lingering inflation and uncertainty from tariffs ([reuters.com][1]). He resisted political pressure for immediate cuts, emphasizing the need for "greater clarity" on trade and geopolitical risks before adjusting policy ([cincodias.elpais.com][2]). Powell also urged continued investment in economic data collection, warning that budget cuts could leave the Fed "flying blind" ([reuters.com][3]). Importantly for crypto, he called for clear regulation to legitimize the market and allowed banks to serve crypto clients if risks are managed ([ccn.com][4]).

* [reuters.com](https://www.reuters.com/markets/europe/powell-signals-hawkish-fed-is-flying-blind-2025-06-19/?utm_source=chatgpt.com)

* [reuters.com](https://www.reuters.com/business/feds-powell-says-central-bank-still-has-needed-data-do-its-work-2025-06-18/?utm_source=chatgpt.com)

* [businessinsider.com](https://www.businessinsider.com/fed-holds-interest-rates-steady-trump-trade-war-tariffs-2025-6?utm_source=chatgpt.com)

[1]: https://www.reuters.com/markets/europe/powell-signals-hawkish-fed-is-flying-blind-2025-06-19/?utm_source=chatgpt.com "Powell signals hawkish Fed is flying blind"

[2]: https://cincodias.elpais.com/mercados-financieros/2025-06-20/powell-se-sacude-la-presion-de-trump-los-futuros-y-los-analistas-no-esperan-movimiento-hasta-al-menos-septiembre.html?utm_source=chatgpt.com "Powell se sacude la presión de Trump: los futuros y los analistas no esperan movimiento hasta al menos septiembre"

[3]: https://www.reuters.com/business/feds-powell-says-central-bank-still-has-needed-data-do-its-work-2025-06-18/?utm_source=chatgpt.com "Fed's Powell says central bank still has the needed data to do its work"

[4]: https://www.ccn.com/news/crypto/jerome-powell-crypto-regulation-no-fed-rate-cuts/?utm_source=chatgpt.com "Fed Chair Jerome Powell Stresses Need for Crypto Regulation, Signals No Rush To Cut Rates | CCN.com"