More from Powell
- We will know that the labor market is getting tight when we see more wage inflation
- Low productivity explains some of the weakness in wages
- Yes, rates are the highest they've been in the last 10 years but the economy is in better shape than it's been in 10 years
- Don't think recession probabilities are particularly high at the moment
- There are good questions about what an inverted yield curve means and it's something we're watching
