- The Fed’s range is 2.4-2.9%
- He expects 2.75% growth next year
- Expects inflation close to 2% this year
- Day of Fed tightening “is still far off”
- A long way to go on jobs, expects unemployment at 8% at year-end
- Worried about govt fiscal policy
Nothing new there. I’m hoping for some comments about the fall in the participation rate when he answers questions from the media and audience.
