📌Key points from the press conference held by Jerome Powell:
📍The Federal Reserve is not rushing to make a decision on interest rates; more macroeconomic data is needed for clarity.
📍Most long-term inflation expectations remain stable.
📍The labor market is stable and inflation is approaching the 2% target.
📍The Federal Reserve is focused on its dual mandate: maximum employment and price stability.
📍There is a significant risk of economic consequences due to changes in trade policy.
📍The Federal Reserve is not following a predetermined path and is prepared to consider changes in policy.