#AbuDhabiStablecoin 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, stable employment, and strong consumer spending.

••Despite uncertainties, such as:

••Global economic issues (such as conflicts or recessions in other countries)

••Concerns about inflation

••Interest rate decisions

••Market volatility

Even with these unpredictable factors, Powell believes that the foundation of the U.S. economy remains strong.

---> In summary: everything is going well economically, even though there are some unknowns ahead.