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Bloomberg Television

Powell expects “good” 2025 after Fed scaled back planned cuts #shorts #fed #powell 🧡

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I think it’s pretty clear we’ve avoided a recession I think growth this year has uh has been solid it really has um pdfp private domestic final purchases which which we think is the best indicator of private demand is looking to come in around 3% this year this is a really good number again the US economy has just been remarkable and uh it’s when we these International meetings that I attend this has been the story is that how well the US is doing if you look around the world there just a lot of slow growth and continuous struggles with inflation um so uh I feel I feel very good about where the economy is and the performance of the economy and we want to keep that going we’re we’re in a really good place our policy is in a really good place uh I I expect another good year next year

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