š£ļøFed Chair Jerome Powell:
ā¢The labor market has reached a better balance.
ā¢Recent data show the economy continues to grow at a crazy pace.
ā¢We are committed to reducing inflation to our 2% target.
ā¢We continue to want to remain in restrictive monetary policy.
ā¢Labor markets are slowly returning to pre-pandemic levels.
ā¢Our long-term inflation expectations appear well managed.
