On the recordApril 16, 2025
we would consider how far the economy is from each goal
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bbc.co.ukwe would consider how far the economy is from each goal
Powell discussed the Fed's approach to balancing inflation and unemployment.
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If we move too slowly, there may be unnecessary losses, painful losses in the employment market.
Job growth, he said, has slowed considerably and that the downside risks to employment are rising.