👇 Summary of Federal Reserve Chair Powell's Comments:

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🟡 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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