Golden Finance reported that Federal Reserve Chairman Powell said that the Fed remains firmly focused on its dual mission goals; the U.S. economy is generally strong; the labor market has cooled from its previous overheated state; our decision today reflects growing confidence that the strength of the labor market can be sustained; the Federal Reserve is committed to maintaining a strong economy; the unemployment rate has risen, but remains low; the labor market environment continues to cool; the labor market is not a source of high inflationary pressure; and downside risks to employment have increased.