(FILES) Federal Reserve Chair Jerome Powell speaks during a news conference following the November 6-7, 2024, Federal Open Market Committee meeting at William McChesney Martin Jr. Federal Reserve Board Building, in Washington, DC, November 7, 2024. The recent performance of the US economy has been "the best of any major economy in the world," Federal Reserve Chair Jerome Powell said November 14, 2024, a week after the bank cut interest rates for a second consecutive meeting. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)