Powell: "US Economy Remains Robust Despite Uncertainties... No Need to Rush"

Jerome Powell, the Federal Reserve Chairman, stated that there is no need to rush to improve the current US economic situation.

In a speech on the 7th (local time), Jerome Powell, the Federal Reserve Chairman, explained, "Currently, inflation is showing a moderating trend without a major unemployment surge. The new administration is introducing several important policies regarding trade, immigration, and other areas, and despite the potential for increased uncertainty due to these policies, long-term inflation expectations remain stable."

He added, "Many indicators show the robustness of employment and the labor market, demonstrating that they are generally in balance."