On the recordMarch 6, 2025
What really does matter is what is happening with long-term inflation expectations.
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cbsnews.comWhat really does matter is what is happening with long-term inflation expectations.
Powell emphasizes the importance of long-term inflation expectations for economic policy.
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If we're going to do that successfully, we need to do it in a completely nonpolitical way, which means we don't take sides, we don't play one side against the other, we stay out of issues that are really not our bailiwick.
When you significantly slow the growth of the labor force, you will slow the growth of the economy.
Job growth, he said, has slowed considerably and that the downside risks to employment are rising.