We know what Jay Powell is thinking – Marketplace

The Federal Open Market Committee wrapped up its two-day March assembly in the present day, and, like all the time, Federal Reserve Chair Jerome Powell held a press convention after. Powell had two most important messages. First, “speaking about inflation is one factor, truly having inflation run about 2% is the true factor,” he stated. Additionally, the outlook for the financial system within the subsequent two to a few years is “extremely unsure.” Additionally on the present: small companies are having hassle discovering staff, why there’s a scarcity of delivery containers and pandemic-induced endurance won’t final.


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