Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central bankers room to lower interest rates at a careful pace.Most Read from BloombergUnder Trump,

Federal Reserve Chair Jerome Powell will headline a busy week of central-bank officials’ public remarks on Thursday. Investors and economists will be listening closely for clues about the Fed’s interest rate decision for December and the outlook for policy in 2025.

A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.