Wednesday 08:48

International
Foto: AA/ABACA / Abaca Press / Profimedia
Jerome Powell, the chairman of the Federal Reserve, stated that the American economy seems to be on a stronger trajectory than anticipated, despite reduced activity in the labor market. In a speech addressed to the National Association of Business Economists, Powell mentioned that the outlook for employment and inflation has not changed significantly since the meeting in September, when the Fed lowered the benchmark interest rate by 0.25 percentage points. Powell emphasized that monetary policy will be set based on economic developments, aiming to balance the weakness in the labor market with inflation, which remains above the 2% target.
Sources

Powell: economia SUA dă semne de consolidare, dar piaţa muncii rămâne slabă

Șeful FED: Economia SUA dă semne de consolidare, dar piaţa muncii rămâne slabă

Powell: Economia SUA dă semne de consolidare, dar piaţa muncii rămâne slabă

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