Fed Chair Powell's Key Statements:

➤ No rush to change interest rates, but policy may stay tight if inflation remains above 2%.
➤ The U.S. economy and labor market remain strong, with low unemployment.
➤ Cutting rates too fast could hinder inflation progress, while moving too slow may hurt economic growth.
➤ Time to review de-banking policies amid rising concerns.
➤ Mortgage rates will decline after rate cuts, but timing is uncertain.
➤ The U.S. is not in a recession.
➤ Supports regulatory efforts for stablecoins.
➤ Bank deposits remain safe.