#PowellRemarks Powell says he sees no signs of weakening in the economy

Speaking about the sustained strength of the labor market, Powell added that he does not see any short-term signs that the U.S. economy is weakening.

"The U.S. economy has defied all kinds of weakening forecasts, really for the last three years, and it has been remarkable to see... time and again when people think it will weaken. Eventually, it will, but we do not see signs of that now," he said