By Finance Pulse in Federal Reserve —

Fed Chair Powell: Labor Market Stability Supports Inflation Goals

Federal Reserve Chair Jerome Powell affirms that the stable labor market negates the need for further cooling to reach the 2% inflation target. Explore how economic stability supports monetary policy.

An artistic representation of a balanced scale weighing the labor market and inflation, symbolizing
Fed Chair Powell: Labor Market Stability Supports Inflation Goals

Federal Reserve Chair Powell mentioned that the labor market remains stable and further cooling is not necessary to achieve the 2% inflation target.

Source