POWELL:
The US economy is in surprisingly good shape
We are moving very quickly with rates
I am very pleased with where monetary policy is right now
Trump said the same thing in private during his first administration as he did publicly
The unemployment rate is still very low, and there is progress in the fight against inflation
The Fed is trying to take an intermediate position where policy is less restrictive so that inflation can decrease without harming the labor market
We are modeling, reviewing, and assessing Trump’s tariff proposals
The US budget is on an unsustainable path; better alignment of revenues and expenditures is necessary.$BTC $ETH $SOL