SUMMARY OF FED CHAIR POWELL'S COMMENTS (12/10/25): 1. Downside risks to employment have risen 2. Inflation in the US "remains somewhat elevated" 3. Interest rates are now in a "plausible range of neutral" 4. GDP growth forecast for 2026 has been revised up 5. Readings on inflation are higher as goods inflation has "picked up" 6. Three Fed members dissented today's decision The divide at the Fed is growing.(The Kobeissi Letter)