On the recordJuly 6, 2025
When you significantly slow the growth of the labor force, you will slow the growth of the economy.
When you significantly slow the growth of the labor force, you will slow the growth of the economy.
Powell warns that reduced immigration could hinder economic growth.
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If any administration finds a way to remove Fed officials over policy differences, then future administrations will do so as well.
We do not take into account the fortunes of any political party or politician.
Rising downside risks to employment have shifted our assessment of the balance of risks