๐ฃ๏ธ **Federal Reserve Chairman Jerome Powell:**
- ๐ We are witnessing robust economic growth and a resilient job market.
- ๐ Significant progress has been made in combating inflation.
- ๐ฝ The downward trajectory of inflation appears likely to persist.
๐ฃ๏ธ **Federal Reserve Chairman Jerome Powell:**
- โ ๏ธ We must proceed cautiously before reducing the policy rate. Additional data similar to recent trends are needed.
- ๐ก The disinflation trend is re-emerging, signaling a return to a downward inflation path.