Following the recent interest rate cuts, Federal Reserve Chair Jerome Powell emphasized a careful and patient approach to monetary policy, with an ongoing focus on achieving a 2% inflation target. Despite the uncertainty brought by a Trump victory, Powell stated that the U.S. economy remains robust compared to global counterparts. While the Fed is prepared to adjust its strategies, it aims to balance labor market strength with inflation progress. Powell reassured that decisions will continue on a meeting-by-meeting basis, acknowledging potential changes influenced by political developments and economic indicators.