Jerome Powell

Bitcoin

Challenge

FED Chairman Jerome Powell began his planned speech at the event he attended today. Here is everything Powell said about the US economy: 
<ul> 
 <li>Independence allows the Fed to make decisions for all Americans rather than for any political party.</li> 
 <li>I think the same institutional relationship between the Fed and the Treasury Department will continue under the new administration.</li> 
 <li>There is broad bipartisan support for the Fed's independence; there is no risk of losing that independence.</li> 
 <li>The US economy is in very good shape.</li> 
 <li>I feel comfortable with current monetary policy.</li> 
</ul> 
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<ul> 
 <li>I am confident that I will have the same relationship with Treasury Secretary Benson in the next administration that I have with other finance ministers.</li> 
 <li>What Trump said privately and what he said publicly during his first term were the same.</li> 
 <li>When asked about the impact of the newly created Department of Government Efficiency (DOGE), Fed Chairman Powell said that the Fed's independence comes in part from being self-funded.</li> 
 <li>The trend towards central bank transparency is highly constructive for policy making.</li> 
 <li>I don't think the idea of having a “shadow chair” of the Fed is possible at all.</li> 
 <li>We made very, very rapid adjustments to interest rates.</li> 
 <li>The economy is in good shape and there is no reason to think it can't continue.</li> 
 <li>Unemployment remains low and progress is being made on inflation.</li> 
 <li>Over time, the Fed will move toward a more neutral interest rate. Even though downside risks are lower than expected, the Fed may move cautiously toward a neutral interest rate.</li> 
 <li>The Fed is trying to find a middle ground with a less restrictive policy so that inflation can fall without hurting the labor market.</li> 
 <li>Low survey response levels can increase the volatility of labor market data estimates.</li> 
 <li>There is too much uncertainty about future tariff policies, and the Fed cannot begin to formulate policies to respond to it at this time.</li> 
 <li>The Fed does not have an institutional view on appropriate tariff levels or immigration.</li> 
 <li>Increased immigration is partly responsible for strong economic growth in 2023.</li> 
 <li>We model, review and evaluate customs tariff proposals.</li> 
 <li>The Fed does not comment on dollar policy; that is the responsibility of the Treasury Department.</li> 
</ul> 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/breaking-fed-chairman-jerome-powell-speaks-here-are-the-details/">BREAKING: FED Chairman Jerome Powell Speaks – Here Are The Details</a>

BREAKING: FED Chairman Jerome Powell Speaks – Here Are The Details

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