Federal Reserve Chair Jerome Powell on Wednesday reiterated his confidence in th...
Federal Reserve Board Chairman Jerome Powell testifies before the Senate Banking Committee in a hearing on the semi-annual monetary policy report to Congress on Capitol Hill in Washington, U.S., February 12, 2020. REUTERS/Yuri Gripas
“There’s no reason why the current situation of low unemployment, rising wages, high job creation - there’s no reason why it can’t go on,” Powell told the Senate Banking Committee in his second day of congressional testimony. “There is nothing about this economy that is out of kilter or imbalanced.”
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