On the recordJuly 17, 2018
It is come down quite a bit.
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congress.govIt is come down quite a bit.
Powell confirms a significant decrease in African-American unemployment.
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More from Jerome Powell
In effect, we went on hold when we saw the size of the tariffs, and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs.
As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect might be.