#PowellRemarks
“JUST IN: 🇺🇸 Fed Chair Jerome Powell says US economy is solid despite uncertainty” means:
🔹 The U.S. economy is fundamentally strong — growth is steady, unemployment is low, and consumer spending remains resilient.
🔹 “Despite uncertainty” refers to challenges like:
🌍 Global tensions or slowdowns (e.g., wars, trade wars, supply chain issues)
💸 Inflation not fully under control
📉 Market swings and investor jitters
🏦 Decisions on interest rates (whether to hike, hold, or cut)
In short, Powell is reassuring that the economy’s core remains stable, even though the future holds some unknowns.
