The document is the transcript of remarks made by Jerome Powell at an FOMC meeting. Powell discusses the committee's assessment of current economic conditions in the US based on recent data. He notes that economic growth remains solid, the labor market continues to strengthen, and inflation is expected to continue trending towards 2% over the medium term. Some risks to the outlook were also discussed, including the potential for inflation to remain below target.
The document is the transcript of remarks made by Jerome Powell at an FOMC meeting. Powell discusses the committee's assessment of current economic conditions in the US based on recent data. He notes that economic growth remains solid, the labor market continues to strengthen, and inflation is expected to continue trending towards 2% over the medium term. Some risks to the outlook were also discussed, including the potential for inflation to remain below target.
The document is the transcript of remarks made by Jerome Powell at an FOMC meeting. Powell discusses the committee's assessment of current economic conditions in the US based on recent data. He notes that economic growth remains solid, the labor market continues to strengthen, and inflation is expected to continue trending towards 2% over the medium term. Some risks to the outlook were also discussed, including the potential for inflation to remain below target.