👇 Summary of Federal Reserve Chair Powell's Comments:
🟡 The current policy stance "leaves us in a good position"
🟡 The slowdown in growth reflects a slowdown in consumer spending
🟡 Activity in the U.S. housing sector remains weak
🟡 Inflation in the United States is still "somewhat high"
🟡 Tariffs "are pushing prices up" on some goods
🟡 "Changes in government policy continue to evolve"
The Federal Reserve's pause continues.
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