Fed Chair Powell: “Monetary Policy in the Post-Crisis Era”

From Fed Chair Jerome Powell: Monetary Policy in the Post-Crisis Era. Excerpt: In our baseline outlook, we expect growth in the United States to remain solid, labor markets to stay strong, and inflation to move back up and run near 2 percent. Uncertainties about this outlook have increased, however, particularly regarding trade developments and global growth. In addition, issues such as the U.S. federal debt …

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