Fed Chair Powell: Economy has made considerable progress toward our dual mandate objectives

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Fed Chair Jerome Powell delivers remarks following the Federal Reserve’s two-day policy meeting on Wednesday.

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40 COMMENTS

  1. This crazy man doesn't care about the pain of the common people.
    Working only to make the economy look like a boom by bubbling the stock market for the sake of the Democratic regime and Biden.

  2. Look at arround!!! Infaltion is going up up up up !!!!! What are you saying? If Stock is good , is economic good too? Are you crazy? This crazy man doesn't care about the pain of the common people.
    Working only to make the economy look like a boom by bubbling the stock market for the sake of the Democratic regime and Biden.

  4. Yeah dude maybe 6-8% unemployment and deflation is what we need. You need to pull the bandaid off and raise the rate 25bps or you until things deflate. Cost of everything makes employment worthless. Everyone is living to work. It’s unacceptable and we’re all gonna pay for it somehow.

  9. I hate rich people . I'm a 45 year old white dude with a small business and one employee. I got no house, cant afford one, no family (can't afford one) one truck, a dog. and I have to live with my parents still. I work my but off and make as much as I can but I don't have stocks, and I payed 23 FRIGGIN THOUSAND dollars in taxes last year. godamit it. I tax the hell out of anyone with unearned or unrealized gains in the stock market PLEEEEEAAASE. lower my tax burden a teeny bit and llet me get my own house. my life sucks

  10. How does inflation (even if 2% annually) translate to "stable prices"? Even at 2% target annual inflation, we lose 2% of purchasing power with each passing year. Isn't inflation a stealth tax, or thief of one's wealth? Opt out. Buy bitcoin.

  15. The labor market is not strong. Someone ask him about the thousands that got laid off and are getting laid off who are on severance packages and not hitting the non farm payroll numbers!

  17. We have two perspectives of economy existing today: the perspective from a fiat participants view and perspective from Bitcoin participants view 😏

    Which universe of participants do you think is happier?

  19. This guy is a joke, they are only slowing the inevitable. After the election our economy is going to be rocked!! Hyperinflation or that raise the rate over 10% and destroy the economy either way we are fuked.

  38. He's doing a pretty good job, soft landing seems to be happening. Most of HS are doing well and the last pay raise has been above inflation, and our 401k are doing great. This is one guy in the government that actually deserve some praise, unlike most of the partisan clowns.

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