Economy Is Showing Sustained Progress, Powell Says

WASHINGTON—Federal Reserve Chairman Jerome Powell said Monday that job growth should pick up in coming months and temporary inflation pressures should ease as the economy continues to recover from the effects of the pandemic.

“The economy has shown sustained improvement,” Mr. Powell said in testimony prepared for delivery Tuesday on Capitol Hill, noting progress on vaccinations and vast stimulus efforts by Congress and the Fed. Mr. Powell is set to appear before the House Subcommittee on the Coronavirus Crisis to discuss the Fed’s efforts to shore up the economy since the start of the pandemic.

The hearing aims to focus on lessons learned by the Fed, which rolled out a blitz of extraordinary lending programs early in the health crisis. These included efforts to

We hear about how many jobs were added each month but never a word about the number of jobs waiting to be filled. Who wants to work when the government pays you to do nothing? This should be the starting point. If healthy and able you work or tough luck.

Powell is great smart guy

Is he fucking serious? By all means let's keep interest rates artificially low forever. Continue to place all your savings in a market that bottoms out once every 15 years

DianeOl64825469 yes, and the lumber panic is over too

I just paid $58 for four ribeyes at Costco… They can take this economy and shove it!

I agree with Chairman Powell. It’s been disappointing to see so many get overheated about this post-pandemic inflationary spike for political reasons. This, frankly, should have been expected as demand was pent up and supply would take time to rebuild. economics

Powell/Fed are reading the financial scripts prepared by BlackRock.

Dept saturation anyone.. When will anyone talk abort this issue?

After a federal budget deficit in 2020 of 3,3 trillion USD, the largest since WWII, 2021 deficit is still expected to be 2,3 trillion USD (CBO), no inflation in sight ?

The AmericanStockMarket is full of Corruption I hope other countries do something about it! Its time ppl fight back!! SEC AMCSTOCK CORRUPTION IN AMERICASTOCKMARKET

Really? Transitory again? Don't bullshit us

The best choice I've made this year was investing in cryptocurrency and forex trading and earning from home. With the help of LISAMARKDONALDT I've been earning weekly I've never regretted this decision.

JoeManchinWV Sen_JoeManchin i DO BELIEVE that w/ a little 'clean up on isle 4' to what u proposed - like the redistricting done by algorithms & a COUPLE more tinkering items LeaderMcConnell & GOP would went 4 it BUT staceyabrams messed u up - SHE HAS A BAD REP of SHADY 💩

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