#XRPETF Announcement "LATEST: 🇺🇸 Federal Reserve Chair Jerome Powell states that the U.S. economy is strong despite uncertainties" means:
Jerome Powell, the head of the Federal Reserve (the central bank), is saying that:
The U.S. economy is performing well — growing, with stable employment and strong consumer spending.
••Despite uncertainties such as:
••Global economic issues (like conflicts or recessions in other countries)
••Concerns about inflation
••Interest rate decisions
••Market volatility
Even with these unpredictable factors, Powell believes that the fundamentals of the U.S. economy remain strong.
---> In summary: everything is going well economically, even with some unknowns on the horizon. $XRP