Fed's Powell: National level data say the economy is good

Author: Adam Button | Category: Central Banks

Comments from Powell in Mississippi

  • Unemployment is close to a 50-year low
  • Many groups are not experiencing prosperity yet
  • The economy is good
  • It takes quite awhile for rate moves to affect the market
  • Does not feel probability of recessionis at all elevated
This is some pretty ho-hum stuff so far.
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