Fed Chairman Powell says it Again, “The US Economy is in a ‘Good Place'”

Fed Chairman Powell says it Again, “The US Economy is in a ‘Good Place

The Federal Reserve Chairman Jerome Powell said again Wednesday the US economy remains in a “good place” and has proved resilient so far to shocks like the British decision to leave the European Union.

“The US economy is now in a good place,” with low unemployment and inflation near the Fed’s 2% target, Chairman Powell said in a question-and-answer session with economics educators in Washington and telecast to Fed branches nationwide.

“We have had some big events, some surprises like BREXIT…and the system has been strong,” he said.

President Trump’s economic policy is working.

Making and Keeping America Great!

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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