A helicopter drops water as the Mountain Fire burns along South Mountain Rd. on Thursday, Nov. 7, 2024, in Santa Paula, Calif. (AP Photo/Noah Berger)

The Mountain Fire burns above South Mountain Rd. on Thursday, Nov. 7, 2024, in Santa Paula, Calif. (AP Photo/Noah Berger)

Comments by Federal Reserve Chair Jerome Powell appear on a bank of screens on the floor of the New York Stock Exchange, Thursday, Nov. 7, 2024, in New York. (AP Photo/Richard Drew)

A screen at a trading post on the floor of the New York Stock Exchange displays the Federal Reserve interest rate decision, Thursday, Nov. 7, 2024. (AP Photo/Richard Drew)

Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve in Washington, Thursday, Nov. 7, 2024. (AP Photo/Mark Schiefelbein)

Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve in Washington, Thursday, Nov. 7, 2024. (AP Photo/Mark Schiefelbein)

Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve in Washington, Thursday, Nov. 7, 2024. (AP Photo/Mark Schiefelbein)

Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve in Washington, Thursday, Nov. 7, 2024. (AP Photo/Mark Schiefelbein)