News

Federal Reserve Chairman Powell: (When asked about his suggestions for the successor of the Federal Reserve Chairman, he said) He must obtain the recognition of congressional regulatory agencies, thereby gaining the legitimacy support of a democratic society, and he must win the chairmanship on his own.

Fed Chairman Powell: We may be seeing the differences between GDP and employment begin to be resolved.

Fed Chairman Powell: There is a rumor circulating that labor market data is more reliable than GDP data.

Fed Chairman Powell: There is a divergence between solid growth and labor market weakness, which may be explained by rising productivity.

Federal Reserve Chairman Powell: Quarterly GDP may fluctuate greatly, and we need to focus on the whole year.

Fed Chairman Powell: Despite major changes in trade policy, the economy is performing well so far.

Fed Chairman Powell: (Asked whether the Fed has responded to the Department of Justice’s subpoena) There is little information to provide today.

Federal Reserve Chairman Powell: Signs of stabilization in the labor market should not be over-interpreted.

Federal Reserve Chairman Powell: The outlook for economic activity has improved significantly.

Federal Reserve Chairman Powell: We will continue to perform our duties with an objective attitude and be committed to serving the American people.

Fed Chairman Powell: Paul Volcker is known to have appeared in a Supreme Court case.

Fed Chairman Powell: Attend the Cook case because this may be the most important case in the history of the Federal Reserve.

Fed Chairman Powell: The slowdown in service sector inflation appears to be continuing.

Fed Chairman Powell: We are in a good position to determine the magnitude and timing of additional interest rate adjustments, and there is no predetermined path for policy.

Fed Chairman Powell: The policy rate is within a reasonable estimate of the neutral rate.

Federal Reserve Chairman Powell: High inflation largely reflects the push from tariffs on goods.

Fed Chairman Powell: The labor market may be stabilizing after gradually softening.

Federal Reserve Chairman Powell: Inflation is still slightly above target.

Federal Reserve Chairman Powell: The slowdown in employment growth reflects the decline in the number of labor force, although the demand for labor has also weakened significantly.

Federal Reserve Chairman Powell: The government shutdown is likely to drag down economic growth in the fourth quarter, but it will be reversed.