News list for "Powell list"

Fed chairperson Jerome Powell said that while the central bank "can see that the labour market may be cooling slowly and continuously", this cooling is not cause for concern given the current strong labour force participation rate and good wage growth. "Although uncertainty about the economic outlook has decreased, it remains at a high level," he said. As long as the current state of the labour market is seen, coupled with more reasonable economic growth and gradually falling inflation, Powell s...

2025-06-18 20:03:00