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Jay Powell is staying hyper-focused on a numeric inflation goal that originated with an off-the-cuff remark in New Zealand 36 years ago — despite pushback from Democrats.
![The Fed's 2% inflation target is a source of growing liberal discontent [Video] - Vimarsana News](https://s.yimg.com/ny/api/res/1.2/KI4UQWrT1KcWeGlI83YLGg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/aol_yahoo_finance_433/3ab55ffc06e149835715782146036260)
Jay Powell is staying hyper-focused on a numeric inflation goal that originated with an off-the-cuff remark in New Zealand 36 years ago — despite pushback from Democrats.
Those surveyed by the NABE call monetary policy too restrictive. But they also think fiscal policy is stimulating the economy too much.
The latest jobs report had lots of good news for the labor market. Workers are in a great spot, but not a perfect one.
The latest jobs report had lots of good news for the labor market. Workers are in a great spot, but not a perfect one.