Powell Was Early Spotting Labor-Market Slack, Transcript Shows
Jerome Powell, chairman of the U.S. Federal Reserve, pauses during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

Powell Was Early Spotting Labor-Market Slack, Transcript Shows

(Bloomberg) -- Jerome Powell was an early adopter of the view that U.S. unemployment could fall further than thought, but back then didn’t parlay that insight into a more dovish stance on interest ...
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