Powell: Downside risks have risen, but the economy remains in good shape
2025-04-04 15:36:49
On April 4th, Federal Reserve Chairperson Jerome Powell delivered a speech on the economic outlook. He said that the Federal Reserve is fully focused on achieving the dual mandate objectives given to us by Congress, namely, maximizing employment and stabilizing prices. Despite high uncertainty and rising downside risks, the economy remains in good shape. Upcoming data show solid economic growth, a balanced labor market, and inflation closer to but still above our 2% target.
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