Federal Reserve Chairman Powell: Overall, price levels have not declined, and people are still living with high prices, which is something people don’t like to see.

Transport Canada: Tesla will recall 193,000 vehicles to enhance autonomous driving safety measures.

Fed Chairman Powell: We need to see continued progress toward 2% inflation.

Fed Chairman Powell: We are happy to see the progress of inflation, although the core PCE is still above 3%.

Fed Chairman Powell: But at the same time, market forecasts are going to move back and forth.

Federal Reserve Chairman Powell: In the long run, consistency between market environment and policy is very important.

Fed Chairman Powell: It is important that, over the long term, financial conditions remain consistent with our actions.

Fed Chairman Powell: People are going to have different forecasts for the economy, and those forecasts may or may not be reflected in market conditions.

Federal Reserve Chairman Powell: Discussions on the timing of interest rate cuts are still ongoing and decisions will be made very carefully.

Fed Chairman Powell: We think we have done enough on interest rates, but we are not completely confident in that view yet.

Fed Chairman Powell: We do not consider political factors when deciding interest rates.

Fed Chairman Powell: We will make what we think is the right decision for the economy.

U.S. White House Press Secretary Jean Pierre: We look forward to further border policy negotiations.

Fed Chairman Powell: Real interest rates are expected to fall in the future.

Fed Chairman Powell: It’s difficult to know exactly how tight monetary policy will be at any given moment.

Fed Chairman Powell: Many economic indicators are returning to normal.

Fed Chairman Powell: We attach great importance to real interest rates and this is part of our thinking.

Fed Chairman Powell: Economic growth is slowing down, which we think is appropriate.