đŁď¸Fed Chair Jerome Powell:
â˘The downside risks to the Fed's full employment mandate are real right now.
â˘There was serious discussion at this meeting about lowering rates.
â˘A strong majority at the FOMC meeting supported keeping rates unchanged.
â˘A lot of data coming between now and September.
â˘I feel good about where we are.
â˘We are well positioned to respond to any weakness in the economy.