Powell: Unemployment rate has fallen in past three months, remains low
Federal Reserve Chairman Jerome Powell said the unemployment rate has fallen in the past three months and remains low. If there were no storms and strikes, hiring would be ‘a little higher’. He also said that the economy was supported by improved supply conditions and that consumer spending growth remained resilient.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Aave deepens integration with CoW, launches MEV-resistant Swap service and intent-based flash loan products
Meta Metaverse Strategy Faces Major Cutback: Zuckerberg Plans to Slash Budget by 30%
US-listed company Onfolio Holdings discloses purchase of BTC, ETH, and SOL worth $2.45 million
Trending news
MoreCrypto prices
More
