📣Jerome Powell's most important statement⤵️

📍 If the labor market conditions deteriorate and inflation slows sharply,the US Federal Reserve will cut interest rates quickly.

📍 The US Federal Reserve's monetary policy decisions aim to achieve inflation and labor market targets.

📍 Previous interest rate cut decisions were taken in light of achieving the US Federal Reserve's two goals.

📍 The US Federal Reserve will not rush to cut interest rates.

📍 Taking interest rate decisions quickly or slowly may affect economic conditions.

📍 The next interest rate path will depend on economic data.

📍 The economy is still strong.

📍 In general,the US Federal Reserve will do its utmost to achieve the inflation and labor market targets.

📍 I will not resign if Trump decides to dismiss me or pressure me to resign.

📍Federal Reserve Chairman:No changes in my commitment and I will not resign if Trump asks me to

📍The Federal Reserve will not prevent banks from serving legal cryptocurrency clients.

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