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Fed's Powell: U.S. economy 'remarkably positive'

Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, recently crossed the newswires reiterating that the U.S. economy was remarkably positive. 

Key quotes (via Reuters)

  • Expansion can continue for quite some time.
  • U.S. business cycle can continue 'effectively indefinitely.'
  • Broad labor market data show U.S. Pretty close to full employment.

Author

Eren Sengezer

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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