#PowellRemarks
JUST IN: 🇺🇸 Fed Chair Jerome Powell says the U.S. economy remains strong despite uncertainty.
This means Powell, who leads the U.S. Federal Reserve (the central bank), believes the economy is in good shape — it's growing steadily, job markets are solid, and consumer spending is healthy.
He acknowledges there are still uncertainties, such as:
Global economic tensions or slowdowns
Ongoing concerns about inflation
Future decisions on interest rates
Market ups and downs
But overall, Powell is confident that the U.S. economy has a solid foundation and can handle these challenges.
In short: The economy is doing well, even if there are some unknowns ahead.
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