Powell's Statements on Inflation, Tariffs, Labor Market, and Current Policy Stance

Federal Reserve Chair Jerome Powell discussed various aspects of inflation expectations, highlighting that most long-term measures align with the 2% inflation target. He noted a recent increase in near-term inflation expectations, attributing it to tariffs. Powell emphasized the importance of preventing one-time price increases from leading to sustained inflation and expressed satisfaction with favorable inflation readings over the past three months. Additionally, Powell addressed the uncertainty surrounding the effects of tariffs on inflation, mentioning the potential burden on end consumers and the need for confidence in inflation reduction. He also discussed the impact of the labor market on the economy, emphasizing the need to maintain interest rates given current labor market conditions and expected inflation. Powell emphasized the current policy stance as being well-positioned to respond promptly to any necessary actions, highlighting the importance of waiting to gather more information before considering policy adjustments.

Latest News

06-21
Still early to assess tariff impact on economy, Fed report says
Still early to assess tariff impact on economy, Fed report says
06-20
Still Early to Assess Tariff Impact on Economy, Fed Report Says
Still Early to Assess Tariff Impact on Economy, Fed Report Says
06-20
Fed Report: Some Early Signs Tariffs Pushing up Inflation
Fed Report: Some Early Signs Tariffs Pushing up Inflation
06-20
Fed Monetary Policy Report: Inflation ‘Somewhat Elevated,’ Job Market in ‘Solid Shape’
Fed Monetary Policy Report: Inflation ‘Somewhat Elevated,’ Job Market in ‘Solid Shape’
06-20
Sterling Faces Hit From Stronger Rate Cut Expectations -- Market Talk
Sterling Faces Hit From Stronger Rate Cut Expectations -- Market Talk
06-20
《汇市短评》拉姆斯登加入鸽派,为英国央行8月降息提供有力线索
《汇市短评》拉姆斯登加入鸽派,为英国央行8月降息提供有力线索
06-20
《汇市短评》拉姆斯登加入鸽派,为英国央行8月降息提供有力线索
《汇市短评》拉姆斯登加入鸽派,为英国央行8月降息提供有力线索
06-20
Tariffs Impact on U.S. Inflation Likely Transitory -- Market Talk
Tariffs Impact on U.S. Inflation Likely Transitory -- Market Talk
06-20
RPT-COLUMN-Powell signals hawkish Fed is flying blind: McGeever
RPT-COLUMN-Powell signals hawkish Fed is flying blind: McGeever
06-20
London stocks fall as BoE keeps rates on hold; Middle East tensions persist
London stocks fall as BoE keeps rates on hold; Middle East tensions persist
06-19
英国金融市场:英镑上涨,投资者认为英国央行利率路径相对清晰
英国金融市场:英镑上涨,投资者认为英国央行利率路径相对清晰
06-19
Pound firms as BoE offers markets shred of clarity
Pound firms as BoE offers markets shred of clarity
06-19
COLUMN-Powell signals hawkish Fed is flying blind: McGeever
COLUMN-Powell signals hawkish Fed is flying blind: McGeever
06-19
英国央行按兵不动,市场押注八月降息
英国央行按兵不动,市场押注八月降息
06-19
Bank of England Won't Stand Pat Next Time -- Market Talk
Bank of England Won't Stand Pat Next Time -- Market Talk
06-19
WRAPUP 3-As war and tariffs fog the outlook, some central banks trim rates
WRAPUP 3-As war and tariffs fog the outlook, some central banks trim rates
06-19
GRAPHIC-Global uncertainty puts big central banks in a tight spot
GRAPHIC-Global uncertainty puts big central banks in a tight spot
06-19
Bank of England keeps rates steady, sees further loosening as jobs market weakens
Bank of England keeps rates steady, sees further loosening as jobs market weakens
06-19
Bank of England Can Cut Rates This Year as Joblessness Rises -- Market Talk
Bank of England Can Cut Rates This Year as Joblessness Rises -- Market Talk
06-19
INSTANT VIEW-Bank of England leaves rates on hold
INSTANT VIEW-Bank of England leaves rates on hold
06-19
英格兰和威尔士特许会计师协会经济主管Suren Thiru表示国内通胀和全球动荡让英国的政策制定者保持谨慎。英国央行周四
英格兰和威尔士特许会计师协会经济主管Suren Thiru表示国内通胀和全球动荡让英国的政策制定者保持谨慎。英国央行周四
06-19
高盛资产管理公司策略师Simon Dangoor在一份报告中表示英国央行周四将基准利率维持在4.25%之后可能会在8月份
高盛资产管理公司策略师Simon Dangoor在一份报告中表示英国央行周四将基准利率维持在4.25%之后可能会在8月份
06-19
MHA经济顾问Joe Nellis写道英国央行需要看到全球经济背景更加稳定才会开始再次降息。Nellis说央行周四表示将
MHA经济顾问Joe Nellis写道英国央行需要看到全球经济背景更加稳定才会开始再次降息。Nellis说央行周四表示将
06-19
英国央行今日如期维持利率不变。该行表示在能源价格不断上涨的背景下它将密切关注一个“高度不可预测”的世界。在决议的投票中出
英国央行今日如期维持利率不变。该行表示在能源价格不断上涨的背景下它将密切关注一个“高度不可预测”的世界。在决议的投票中出
06-19
英国央行利率决策公布后,英国10年期国债收益率下跌1个基点,至4.511%。
英国央行利率决策公布后,英国10年期国债收益率下跌1个基点,至4.511%。
06-19
Bank of England Mirrors Fed and Stands Pat -- WSJ
Bank of England Mirrors Fed and Stands Pat -- WSJ
06-19
Bank of England keeps rates steady, sees further loosening as jobs market weakens
Bank of England keeps rates steady, sees further loosening as jobs market weakens
06-19
Bank of England Policymakers Vote 6-3 to Keep Rates at 4.25% (Reuters Poll: 7-2 Vote for 4.25%)
Bank of England Policymakers Vote 6-3 to Keep Rates at 4.25% (Reuters Poll: 7-2 Vote for 4.25%)
06-19
Bank of England:at Its Meeting Ending on 18 June 2025, the Mpc Voted by a Majority of 6-3 to Maintain Bank Rate at 4.25%
Bank of England:at Its Meeting Ending on 18 June 2025, the Mpc Voted by a Majority of 6-3 to Maintain Bank Rate at 4.25%
06-19
Bank of England Maintains Bank Rate at 4.25 %
Bank of England Maintains Bank Rate at 4.25 %
06-19
英国央行维持利率不变
英国央行维持利率不变
06-19
BoE Rate Decision Preview: Markets Expect Rates to Hold at 4.25%
BoE Rate Decision Preview: Markets Expect Rates to Hold at 4.25%
06-19
RPT-ANALYSIS-Fed treads carefully, leaving markets anxious about tariff risks
RPT-ANALYSIS-Fed treads carefully, leaving markets anxious about tariff risks
06-19
ANALYSIS-Fed treads carefully, leaving markets anxious about tariff risks
ANALYSIS-Fed treads carefully, leaving markets anxious about tariff risks
06-19
Fed's Powell says central bank still has the needed data to do its work
Fed's Powell says central bank still has the needed data to do its work
06-19
Fed's Powell says he expects to see more tariff-driven price hikes in coming months
Fed's Powell says he expects to see more tariff-driven price hikes in coming months
06-19
TREASURIES-Yields pare losses as Fed's Powell sees inflation increase
TREASURIES-Yields pare losses as Fed's Powell sees inflation increase
06-19
Fed Remains Well-Positioned to Wait, Powell Says in Press Conference
Fed Remains Well-Positioned to Wait, Powell Says in Press Conference
06-19
Powell: to Reduce Waits, Are Waiting to Understand What Will Happen With Tariff Inflation
Powell: to Reduce Waits, Are Waiting to Understand What Will Happen With Tariff Inflation
06-19
Powell: We Know Inflation Is Coming, We Don't Know the Size of It
Powell: We Know Inflation Is Coming, We Don't Know the Size of It
06-19
Powell: Cost of the Tariff Has to Be Paid, Some Will Fall on End Consumer
Powell: Cost of the Tariff Has to Be Paid, Some Will Fall on End Consumer
06-19
Fed's Powell says monetary policy is 'modestly restrictive'
Fed's Powell says monetary policy is 'modestly restrictive'
06-19
Powell Sees 'Nothing Troubling' in Current Labor Market -- WSJ
Powell Sees 'Nothing Troubling' in Current Labor Market -- WSJ
06-19
Powell: Have to Keep Rates High to GET Inflation All the Way Down
Powell: Have to Keep Rates High to GET Inflation All the Way Down
06-19
Powell: We Will Restore 2% Inflation on Durable, Sustainable Basis
Powell: We Will Restore 2% Inflation on Durable, Sustainable Basis
06-19
Powell: Will Take Confidence That Inflation Is Coming Down; Without Tariffs, That Confidence Would Be Building
Powell: Will Take Confidence That Inflation Is Coming Down; Without Tariffs, That Confidence Would Be Building
06-19
Powell: Hard to Know How We Should React Until We See the Size of the Tariff Effects
Powell: Hard to Know How We Should React Until We See the Size of the Tariff Effects
06-19
Powell: Compared to Sept 2024 When We Cut Rates, Inflation Forecast for the Current Year Is for Higher Inflation From Tariffs
Powell: Compared to Sept 2024 When We Cut Rates, Inflation Forecast for the Current Year Is for Higher Inflation From Tariffs
06-19
Fed's Powell cautions little conviction in forecasted rate outlook
Fed's Powell cautions little conviction in forecasted rate outlook
06-19
Powell: IF Just Look Backward at Data, You Would Want Rates Closer to Neutral; but We Expect a Meaningful Amount of Inflation in Coming Months
Powell: IF Just Look Backward at Data, You Would Want Rates Closer to Neutral; but We Expect a Meaningful Amount of Inflation in Coming Months
06-19
Powell: as Long as Have the Kind of Labor Market We Have and Inflation Coming Down, Right Thing to Do Is Hold Rates
Powell: as Long as Have the Kind of Labor Market We Have and Inflation Coming Down, Right Thing to Do Is Hold Rates
06-19
Powell: Don't Know Where Tariffs Will Settle Out, Highly Uncertain
Powell: Don't Know Where Tariffs Will Settle Out, Highly Uncertain
06-19
Powell: Can Take Time to See How Large Inflation Effects Will Be
Powell: Can Take Time to See How Large Inflation Effects Will Be
06-19
Fed's Powell says he expects to see more tariff-driven price hikes in coming months
Fed's Powell says he expects to see more tariff-driven price hikes in coming months
06-19
【鲍威尔:当前的政策立场做好灵活应对准备】美联储主席鲍威尔表示,当前的政策立场做好灵活应对准备。
【鲍威尔:当前的政策立场做好灵活应对准备】美联储主席鲍威尔表示,当前的政策立场做好灵活应对准备。
06-19
Powell: Most Measures of Long-Term Inflation Expectations Consistent With 2% Inflation
Powell: Most Measures of Long-Term Inflation Expectations Consistent With 2% Inflation
06-19
Powell: Well-Positioned to React to Developments
Powell: Well-Positioned to React to Developments
06-19
Powell: Without Price Stability Cannot Achieve Long Periods of Low Unemployment
Powell: Without Price Stability Cannot Achieve Long Periods of Low Unemployment
06-19
Powell: Had Three Months of Favorable Inflation Readings, Welcome News
Powell: Had Three Months of Favorable Inflation Readings, Welcome News
06-19
Powell: Takes Some Time for Tariffs to Work Way to Consumer
Powell: Takes Some Time for Tariffs to Work Way to Consumer
06-19
Powell: Obligation Is to Keep One-Time Price Increase From Becoming Ongoing Inflation Problem
Powell: Obligation Is to Keep One-Time Price Increase From Becoming Ongoing Inflation Problem
06-19
Powell: Current Policy Stance Leaves US Well Positioned
Powell: Current Policy Stance Leaves US Well Positioned
06-19
Powell: Beginning to See Some Tariff Expects, Expect More in Coming Months
Powell: Beginning to See Some Tariff Expects, Expect More in Coming Months
06-19
Powell: Effects of Tariffs Will Depend on Level, Increases This Year Will Likely Weigh on Economic Activity, Push up Inlfation
Powell: Effects of Tariffs Will Depend on Level, Increases This Year Will Likely Weigh on Economic Activity, Push up Inlfation
06-19
Powell: Many Companies Expect to Put Some or All of Tariff Effect Through to Ultimately the Consumer
Powell: Many Companies Expect to Put Some or All of Tariff Effect Through to Ultimately the Consumer
06-19
Powell: for the Time Being, Well-Positioned to Wait to Learn More Before Considering Policy Adjustments
Powell: for the Time Being, Well-Positioned to Wait to Learn More Before Considering Policy Adjustments
06-19
Powell: Near-Term Inflation Expectations Have Moved up, Tariffs Driving Factor
Powell: Near-Term Inflation Expectations Have Moved up, Tariffs Driving Factor
06-19
Fed Keeps Rates Unchanged, Sees Two Cuts in 2025 but Less Easing in Later Years
Fed Keeps Rates Unchanged, Sees Two Cuts in 2025 but Less Easing in Later Years

User Discussion

$Powell(POWL)$ I have to laugh! The Fed always follows the data which is always lagging data. But now they are reacting from future suspected data? Make up your minds! You can't be simultaneously doing both. Its like fuel at the pump and interest rates, any excuse to go up and absolute stubbornness to lower again.  Come on people keep your heads in the fence the world hasn't taken enough from you yet.
Still Early to Assess Tariff Impact on Economy, Fed Report Says
$Powell(POWL)$ It is important that Chair Powell holds the line, despite the almost weekly Presidential gaslighting, like when he called him Mr Too Late and a stiff. Without a neutral Fed, the dollar will diminish negating any fiscal benefit from the tarrifs. I suspect that the tarrifs are a lot more to do with the USA not becoming the worlds doormat and the continuation of US hegemony than any short term fiscal benefit.
Fed Remains Well-Positioned to Wait, Powell Says in Press Conference