Jerome Powell Says U.S. Economy Remains “Solid” Amid Inflation and Uncertainty

Overview: Federal Reserve Chair Jerome Powell delivered a cautiously optimistic update on the U.S. economy this week, citing low unemployment and a strong labor market. While inflation remains higher than the Fed would like, Powell reassured Americans that it’s broadly in line with long-term goals. Still, he acknowledged growing uncertainty in business investment and global … Continue reading Jerome Powell Says U.S. Economy Remains “Solid” Amid Inflation and Uncertainty