Core Viewpoint - Federal Reserve Chairman Jerome Powell stated that decisions cannot be made based solely on the June projections (dot plot) six weeks later [1] Group 1 - The Federal Reserve's decision-making process is dynamic and cannot rely on past forecasts [1] - Powell emphasized the importance of current economic conditions over previous predictions [1] - The statement indicates potential shifts in monetary policy based on evolving economic data [1]

Core Viewpoint - Federal Reserve Chairman Jerome Powell stated that decisions cannot be made based solely on the June forecasts (dot plot) in six weeks [1] Group 1 - Powell emphasized the need for updated information before making future decisions [1] - The statement indicates potential uncertainty in monetary policy direction [1]