On the recordAugust 22, 2025
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.
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cbsnews.comOverall, 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.
Jerome Powell comments on the balance in the labor market amid slowing job growth.
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More from Jerome Powell
It is absolutely the case that Congress will need to authorize the Federal Reserve to issue a CBDC.
It is well past time we all have an adult conversation about fiscal responsibility.
The things that are sold at retail now might have been put into inventory before the tariffs, so we think we should see [higher prices] over the summer.
So our part of it is to try to get inflation under control, and that is what we are doing, and ideally we will do that with as little as possible damage to the economy and the labor market