Fed Chairman Kevin Warsh stated that "above all, the economy is strong," and that global geopolitical tensions are encouraging businesses to expand their related investment activities. Chairman Warsh emphasized, "Today's actions demonstrate our commitment to controlling inflation," adding that he is paying attention to the development of artificial intelligence (AI) and its impact on supply and demand. He said, "The work we completed today and the work we will continue to pursue is to ensure price stability and sustain economic growth," adding, "I do not believe it is necessary to harm the labor market to achieve our goals."
