On the recordJuly 9, 2019
We want prosperity to be spread as broadly as it possibly can, and we want there to be progress upward for lots of people.
Source
congress.govWe want prosperity to be spread as broadly as it possibly can, and we want there to be progress upward for lots of people.
Jerome Powell emphasizes the importance of broad economic prosperity and upward mobility.
Share
More from Jerome Powell
If any administration finds a way to remove Fed officials over policy differences, then future administrations will do so as well.
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.