Fed Chair Jerome Powell remarked in a speech on Monday that he doesn’t see an elevated likelihood of a recession in the next year, reported Reuters.<\/p>\n\n\n\n
Additional Remarks:<\/strong><\/p>\n\n\n\n “It’s hard to say what the economy will look like in wake of recent events, but no one is sitting around waiting for the old regime to come back.”<\/p>\n\n\n\n “Climate change policy could affect relative price changes.”<\/p>\n\n\n\n “It’s a strong economy.”<\/p>\n\n\n\n “The economy can handle less-accommodative monetary policy.”<\/p>\n\n\n\n “This is a labor market that is out of balance.”<\/p>\n\n\n\n “It is a great labor market for workers, but we need it to be sustainably tight.”<\/p>\n\n\n\n “The strong labor market could be more sustainable if demand was brought back into line with supply.”<\/p>\n\n\n\n “You could make a case that labor shortage will trigger more investment… I do think that will happen in the service industry.”<\/p>\n\n\n\n “That could boost productivity and make high wage increases more sustainable.”<\/p>\n\n\n\n “Financial conditions have tightened since late last year.”<\/p>\n\n\n\n “We want to get back to a place that’s away from highly accommodative conditions.”<\/p>\n\n\n\n “In the medium term, I don’t see a conflict between employment and inflation goals.”<\/p>\n\n\n\n “The best thing we can do to keep a strong labor market is to stabilize prices.”<\/p>\n\n\n\n “I tend to look at shorter part of the yield curve, not 2s to 10s.”<\/p>\n","protected":false},"excerpt":{"rendered":" Fed Chair Jerome Powell remarked in a speech on Monday that he doesn’t see an elevated likelihood of a recession in the next year, reported Reuters. Additional Remarks: “It’s hard to say what the economy will look like in wake of recent events, but no one is sitting around waiting for the old regime to …<\/p>\n","protected":false},"author":13,"featured_media":62386,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6885,7163,6858],"class_list":["post-62382","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-fed","tag-jerome-powell","tag-us-economy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=62382"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62382\/revisions"}],"predecessor-version":[{"id":62387,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/62382\/revisions\/62387"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/62386"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=62382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=62382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=62382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}