Federal Reserve Chair Jerome Powell Assures Stability of US Economy and Progress in Inflation Control =============== #a6c7f3e2 ver:0.87 Federal Reserve Chair Jerome Powell assures stability of US economy, ruling out major recession. He acknowledges transient inflation due to reopening, emphasizes data-driven interest rate decisions. Powell's positive outlook aligns with stock market hitting record highs. Next FOMC meeting in July will be closely watched for Fed's next moves. #USFederalReserve #Economy #Inflation #InterestRates... #newstr #FederalReserve #UsEconomy #Inflation #InterestRates https://here.news/story/a6c7f3e2?ver=0.87