Question 9: Labor market data is showing signs of decline. Powell's response: I didn't say a 25 basis point adjustment would have an impact on the market, but it is part of our work. I believe that when we see a decline in the labor force, we need to adjust interest rates to support employment. Young people's employment is starting to decline, and the labor force participation rate is also declining, as has been the case for the past year. These factors combined have led to a weakening labor market, so we are starting to use our tools, starting with a 25 basis point adjustment. Spending and consumer spending data are both strong. Higher-income consumers are leading economic growth to 1.5% or higher, so labor market risk is low, reducing the risk of a recession.