Federal Reserve Chair's Positive Economic Forecast
In a recent press conference, United States Federal Reserve Chair Jerome Powell shared an optimistic view on the American economy for the year 2025.
Powell's Confidence in the Economy
"The US has successfully sidestepped a recession, and I am genuinely optimistic about the current state of our economy," Powell stated. He further added, "Our policy is robust and well-positioned, and I anticipate another prosperous year ahead."
Geopolitical Turmoil as a Potential Risk
While acknowledging the US's relative insulation from geopolitical tensions, Powell highlighted, "We are in a period of heightened geopolitical instability, which remains a significant risk."
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