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.
Making and Keeping America Great!
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