🚨JUST IN: 🇺🇸 Fed Chair Jerome Powell says the US #economy is "resilient" and "doing fairly well."

🚨FED DEFIES TRUMP, #HOLDS RATES STEADY AMID #RECESSION FEARS

🔹Fed keeps interest rates unchanged despite Trump's push for cuts.

🔹Powell cites strong job data but warns of economic uncertainty.

🔹Q1 2025 GDP shrank by 0.3%; inflation easing but risks rising.

🔹Recession odds: Goldman Sachs 45%, JPMorgan 60%.

🔹Trump's tariff actions fueling market swings and economic anxiety.

-ABC News, May 7, 2025