Fed Chair Jerome Powell

Fed Chair Jerome Powell

- While tapering, Fed will continue to provide strong support to the economy

- Covid has stunted the economic recovery

- Real GDP growth has slowed notably

- Economic growth should build momentum as Covid subsides

- The rate of job growth has slowed

- Employers are finding it difficult to fill jobs

- Supply and demand imbalances have contributed to sizable price increases

- Bottlenecks are longer lasting than previously expected

- Inflation is running well-above Fed longer-term goal of 2%

- Impediments to labor supply should reduce

03 Nov 21 (Wed)

06:38 pm



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