On the recordFebruary 23, 2021
the economy has recovered more quickly, generally, continually.
Source
congress.govthe economy has recovered more quickly, generally, continually.
Powell acknowledges the faster-than-expected economic recovery despite COVID-19 challenges.
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More from Jerome Powell
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.
If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.
There are no new water features, there’s no beehives, and there’s no roof terrace gardens