Powell speech: We are close to where the destination is on rates – by eren_fxstreet Fed CentralBanks
, Chairman of the Federal Reserve System , presents the Semi Annual Monetary Policy Report and responds to questions before the Senate Banking, House and Urban Affairs Committee."One reason labor demand and supply is getting into better balance is the strong rebound in immigration."
"There may be a bit more tightening in the pipeline from banking stress than there would be otherwise.""We don't want to overdo it.""Jerome H. Powell first took office as Chair of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. He was reappointed to the office and sworn in for a second four-year term on May 23, 2022. Mr.
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