On the recordMay 5, 2025
the Fed would assess which goal – stable prices or maximum employment – is furthest away and prioritize achieving it.
Source
usatoday.comthe Fed would assess which goal – stable prices or maximum employment – is furthest away and prioritize achieving it.
Powell outlines the Fed's approach to conflicting economic goals.
Share
More from Jerome Powell
Rising downside risks to employment have shifted our assessment of the balance of risks
If we move too slowly, there may be unnecessary losses, painful losses in the employment market.