Jay Powell’s Semi-Annual testimony

Powell’s Humphrey Hawkins Testimony

February 26, 2019

Fed Chairman Powell statement before the Senate Banking Committee presents a decent baseline view of the U.S. economy, observing a strong labor market and projecting inflation around the 2% target once some transitory depressants pass. However, the following two paragraphs lay out a number of undesirable short-term and longer run developments that ought to be […] More