#PowellRemarks
The statement "BREAKING NEWS: Federal Reserve Chairman Jerome Powell says the U.S. economy is strong despite uncertainty" means:
Jerome Powell, the head of the U.S. Federal Reserve (the central bank), is saying that:
The U.S. economy is doing well: it is growing, jobs are stable, and consumer spending is strong.
Despite the uncertainty, such as:
Global economic issues (like conflicts or slowdowns in other countries)
Concerns about inflation
Decisions about interest rates
Market volatility
Even with these unpredictable factors, Powell believes that the foundation of the U.S. economy remains strong.
In summary: things are going well economically, even if there are some unknowns ahead like tariffs on China or labor shortages in some countries.