$BTC saying that the latest data shows the economy is still growing at a solid pace.

⏺We don’t need to rush to change our policies after cutting interest rates by a total of 1% in late 2024.

⏺Powell did not comment on the tariffs, taxes or immigration that Trump intends to implement. He added that he has not communicated with Trump.

⏺Powell says inflation expectations will not rise in the long term. They are rising mainly in the short term and may be a reaction to Trump’s policies.