Powell: The labor market appears to be fully back in balance

  • Labor market is more-or-less back to pre-pandemic levels
  • We’re very much balancing our two risks and that’s what we’re balancing these days
  • The likely direction is that we begin to loosen policy at the right moment
  • The best thing we can do for housing is getting inflation down
  • There was still a housing shortage before the pandemic
  • Our economy has been exceptional compared to global peers

This article was written by Adam Button at www.forexlive.com. Source