On the recordJune 24, 2025
I wouldn’t want to point to a particular meeting. I don’t think we need to be in any rush because the economy is still strong.
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cnn.comI wouldn’t want to point to a particular meeting. I don’t think we need to be in any rush because the economy is still strong.
Powell suggests no urgency for rate cuts given the economy's strength.
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We’re trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.
So our part of it is to try to get inflation under control, and that is what we are doing, and ideally we will do that with as little as possible damage to the economy and the labor market
From my standpoint, it’s not complicated. What everyone on the [Federal Open Market Committee] wants is a good, solid American economy with strong labor market and price stability. That’s what we want.