#PowellRemarks Today chairman Jerome H. Powell delivered his address regarding the economy, at the Society for Advanced Business Editting and Writing Annual Conference, Arlington, Virginia.
Here were some key takeaways from his address:
- Despite high uncertainty and increased downside risks, the economy is still in a good place.
- Data show solid growth, a labor market in balance and inflation running much closer to but still above their 2% objective.
- Limited data indicates slower but still solid growth outlook.