• Powell speech: In my view, we are making rapid progress to maximum employment

Market news

15 December 2021

Powell speech: In my view, we are making rapid progress to maximum employment

Fed Chair Jerome Powell said in his post-Fed meeting press conference that in my view, we are making rapid progress to maximum employment. 

Additional Takeaways:

"Maximum employment is something we assess through broad range of indicators."

"Those include labor force participation rate and demographic groups assessments."

"Maximum employment is a judgment call."

 

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