FILE - A screen displays a news conference with Federal Reserve Chairman Jerome Powell on the floor at the New York Stock Exchange in New York, May 1, 2024. On Wednesday, June 12, 2024, the Federal Reserve ends its latest meeting by issuing a policy statement, updating its economic and interest-rate projections and holding a news conference with Powell. (AP Photo/Seth Wenig, File)
FILE - Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington, May 1, 2024. On Wednesday, June 12, 2024, the Federal Reserve ends its latest meeting by issuing a policy statement, updating its economic and interest-rate projections and holding a news conference with Powell. (AP Photo/Susan Walsh, File)