š£ļøFed Chair Jerome Powell:
ā¢We are focused on two goals. The labor market remains strong.
ā¢Economic activity has expanded steadily.
ā¢Inflation is closer to our 2% target.
ā¢The labor market remains strong.
ā¢Improving supply has supported U.S. economic performance.
ā¢We lowered the interest rate range today and are moving toward a more neutral level.
ā¢Risks to achieving the goals are roughly balanced.