[Powell: We Have No Intention of Opposing Any Government or Politician] Federal Reserve Chairman Powell: For the Federal Reserve, it is important to stick to our core responsibilities. We have no intention of opposing any government or politician. Building great democratic institutions is very difficult, but destroying them is much easier. The labor market is facing long-term, structural challenges. Current job growth is very slow. We are very optimistic about the medium- to long-term outlook. Artificial intelligence is improving productivity. Three weeks before the FOMC meeting, I need to have a clear idea of the actions we will take.