🇺🇸 Key Statements from Powell – Chairman of the Federal Reserve:
1️⃣ Despite the uncertainty, the U.S. economy is still in a strong position
2️⃣ Inflation remains above the target
3️⃣ The current monetary policy puts us in a good position to deal with conditions
4️⃣ Economic growth indicators have slowed recently
5️⃣ This slowdown is largely due to a decline in consumer spending
6️⃣ Housing market activity remains weak
🔎 The statements reflect a delicate balance between acknowledging weaknesses in some sectors and maintaining confidence in the overall strength of the economy
