The Fed’s Powell made a subtle but important shift that moved the central bank closer to lowering interest rates when he suggested that a further cooling in the labor market could be undesirable.
Wall Street Journal
The Fed’s Powell made a subtle but important shift that moved the central bank closer to lowering interest rates when he suggested that a further cooling in the labor market could be undesirable.
https://www.wsj.com/economy/central-banking/jerome-powell-senate-testimony-july-b7805d54