On the recordMarch 1, 2022
I think we are at that level, at least.
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congress.govI think we are at that level, at least.
Jerome Powell discusses the current state of maximum employment.
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Overall, while the labor market appears to be in balance, it is a curious kind of balance that results from a marked slowing in both the supply of and demand for workers.
It is a big risk to our independence if we were to stray into areas where we shouldn’t that really aren’t part of our mandate.