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🔴 President #الفدرالي of the United States, Jerome #باول :
📌 The US economy is on solid footing
📌 The current monetary policy stance is appropriate
📌 We expect to see stability in the labor market after the weakness
📌 Job gains remain low.. and housing activity remains weak
📌 The government shutdown has negatively impacted economic activity
📌 Inflation has decreased from its peak but remains above the 2% target
📌 We are witnessing a decline in the workforce and demand for labor
📌 Monetary policy is not on a defined path
#FedRateDecisionApproaches
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