a large number of employees leaving the workforce and substantial government stimulus. The trajectory outlined by Powell stands in stark contrast to his remarks at last year's Jackson Hole ...
Top Federal Reserve officials and Wall Street economists blame a confluence of factors for the worst U.S. inflation since the 1980s, but Fed Chairman Jerome Powell acknowledged government ...
Powell also explained why he believes the Fed seemingly has been able to achieve ... At the same time, Americans hunkered down at home and, flush with stimulus checks, bought massive amounts ...
The Trump and Biden administrations, as Powell noted, also pumped trillions of dollars in the economy with payouts to most families and businesses. The federalstimulus added to the surge in ...