Powell’s ‘Solid Economy’ Remark Fuels Short-Term Market Confidence

- Chairman Powell says "The U.S. economy remains in a solid position." - Consumer Confidence Index for May reaches 98.0, unemployment rate holds at 4.2% [Unblock Media] On June 19, 2025, Jerome Powell, Chairman of the Federal Reserve (FED), stated, "The U.S. economy remains in a solid position." This statement is being interpreted as a positive signal for the market and is influencing investor sentiment. The Consumer Confidence Index was at 98.0 in May, up 12.3 points from the previous month. The U.S. unemployment rate remains stable at 4.2%. Despite a slight decrease of -0.3% in the first quarter GDP growth rate, key employment and consumer indicators are showing favorable trends. Chairman Powell's remarks could act as a catalyst for bolstering confidence in corporate investments and consumer spending. Especially in asset markets like the stock market, there are expectations of a short-term bullish trend. However, some experts caution against excessive optimism, noting that risk factors such as political uncertainty, trade conflicts with China, and a slowdown in global demand still exist. The market is closely watching upcoming employment and inflation data, anticipating potential shifts in the Fed’s stance.