On the recordJune 19, 2025
America’s economy has been resilient. Part of that is our stance. We think we’re in a good place on that, to respond to significant economic developments.
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cnn.comAmerica’s economy has been resilient. Part of that is our stance. We think we’re in a good place on that, to respond to significant economic developments.
Powell asserts confidence in the economy's resilience and the Fed's position.
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So we didn't overreact — in fact, we didn't react at all. We're simply taking some time.
The public would lose faith that the central bank will make decisions based only on what’s best for all Americans.