July 09, 2024 at 03:29PM
Labor market is more-or-less back to pre-pandemic levels
We’re very much balancing our two risks and that’s what we’re balancing these days
The likely direction is that we begin to loosen policy at the right moment
The best thing we can do for housing is getting inflation down
There was still a housing shortage before the pandemic
Our economy has been exceptional compared to global peers
Job creation is narrowing in the economy
This article was written by Adam Button at www.forexlive.com.
Powell: The labor market appears to be fully back in balance