Fed Chair Powell: US labor market is very strong by many measures
Well, yeah, we all know that right?
- job creation strong
- wages gradually rising
- economy is perfuming very well overall
- u/e lowest rate since 1969
- higher participation another positive development
Powell is speaking at a housing conference
Full text: Welcoming remarks by Chairman Powell
(pro tip given its nearly the weekend … print his speech out, take it with you to a bar, begin reading it … I guarantee an attractive member of the opposite sex will be interested and once she realises you are reading Powell's speech will be instantly smitten! Ok … maybe not :-D ).
note for your diary ICYMI …. FOMC meets on December 18 and 19