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Post #248 2

Forwarded from 💎𝕍𝕀ℙ 𝕊𝕔𝕒𝕝𝕡𝕚𝕟𝕘 𝕊𝕖𝕤𝕤𝕚𝕠𝕟𝕤🔐

⚡️Theses of Jerome Powell's speech during the FOMC press conference:

🟦Current monetary policy is adequate;

🟦Current policies promote both Fed goals (maximum employment and stable prices);

🟦Inflation is still above the target of 2%;

🟦The American economy grew steadily in 2025 and entered 2026 in good condition;

🟦The negative consequences of the government suspension (shutdown) should be neutralized during the current quarter.

Powell declined to comment on whether he would remain at the Fed after his term as chairman expires.‌‌
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