Powell: Unemployment rate has fallen in past three months, remains low
Federal Reserve Chairman Jerome Powell said the unemployment rate has fallen in the past three months and remains low. If there were no storms and strikes, hiring would be ‘a little higher’. He also said that the economy was supported by improved supply conditions and that consumer spending growth remained resilient.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Goolsbee: The terminal rate will be much lower than the current level, and there is room for rate cuts.
Goolsbee: If inflation subsides, the Federal Reserve may consider lowering interest rates
Bitwise has filed a registration document for a Sui ETF
Near Protocol's NEAR token is now cross-chained to the Solana network | PANews
Trending news
MoreCrypto prices
More
