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BCH $203.69 +0.31%
LINK $9.57 +6.74%
HYPE $57.20 +2.67%
AAVE $86.62 +0.56%
SUI $0.6808 +0.35%
XLM $0.1578 -0.69%
ZEC $489.45 -0.62%

Powell calms the market: the economy is still healthy

2025-05-08 03:13:14

ChainCatcher news, Federal Reserve Chairman Powell acknowledged that uncertainty is affecting economic decisions, but he reaffirmed that the U.S. economy is still in good shape.

In response to questions at a press conference, Powell stated, "Despite some very pessimistic sentiments among individuals and businesses surrounding the economy, the economy remains healthy."

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