The Chair of the Federal Reserve System, Jerome Powell, stated on Thursday that strong economic growth in the United States provides the opportunity for job creation and strengthening of the financial market. Powell noted that in recent months, the economy has shown stable growth, which indicates its sustainability.
"We continue to expect strong growth in the near future, due to improvements in the labor market and increased job offerings," Powell emphasized.
He also pointed out that the Federal Reserve will continue to monitor inflation and is ready to take necessary measures to maintain financial stability in the country.
"At this moment, we see good indicators of economic growth, and we are ready to utilize all available tools to support this positive dynamic," the head of the Fed reiterated.
