Federal Reserve Chair Jerome Powell announced that the central bank can no longer describe the U.S. job market as 'solid.' This statement marks a shift in the Fed's assessment of employment conditions, which have been a key factor in its monetary policy decisions. Powell's comments suggest potential changes in the Fed's approach to interest rates and economic support measures.
Jerome Powell: Fed No Longer Considers Job Market 'Solid'
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.