Federal Reserve Chairman Powell: We must remain humble in providing forward guidance.

Federal Reserve Chairman Powell: The probability of a hard landing of the economy is "very low."

Federal Reserve Chairman Powell: The time for a rate cut is approaching, and it may happen in September.

The Dominican Republic kept its benchmark interest rate unchanged at 7.00%.

Federal Reserve Chairman Powell: We will never try to make policy decisions based on the results of an election that has not yet occurred.

Federal Reserve Chairman Powell: Anything we do before, during, or after the election will be based on the data and the balance of risks.

Federal Reserve Chairman Powell: We never use our tools to support or oppose any politician or party.

Federal Reserve Chairman Powell: We will not change our policy based on the political calendar.

Federal Reserve Chairman Powell: Absolutely believe that the (potential) rate cut in September should be non-political.

Federal Reserve Chairman Powell: We have not made any decisions about future meetings.

Federal Reserve Chairman Powell: There are some signs of weakness in the economy, but the overall situation is not bad.

Federal Reserve Chairman Powell: We must take the weaker Federal Reserve Beige Book data and anecdotal data seriously.

Federal Reserve Chairman Powell: History cannot be used as a guide to the future.

Federal Reserve Chairman Powell: Many of the practices that were considered wise have not worked, and the situation is unique.

The yield on the five-year U.S. Treasury note fell to an intraday low of 3.99%.

Federal Reserve Chairman Powell: Job vacancies remain high by historical standards.

Federal Reserve Chairman Powell: If we see economic weakness, we have a lot of room to respond.

Federal Reserve Chairman Powell: The data does not show signs of economic weakness or overheating.

Federal Reserve Chairman Powell: We are very capable of dealing with economic weakness.