Powell Sees Pickup in Economic Growth Ahead
By News
Published 3 years ago on
April 12, 2021
Share
[aggregation-styles]
The Wall Street Journal
The Wall Street Journal
Federal Reserve Chairman Jerome Powell said the U.S. economy appears to be at an inflection point, with output and job growth poised to accelerate in the months ahead as long as the Covid-19 pandemic retreats.
“We feel like we’re at a place where the economy’s about to start growing much more quickly and job creation coming much more quickly,” Mr. Powell said in an interview to be broadcast Sunday evening on CBS’s “60 Minutes.” He said the Fed’s forecast is that the economy could produce close to one million jobs a month for “a string of months.”
By Paul Kiernan | 11 April 2021
RELATED TOPICS:
Fresno State’s Randa Jarrar Dragged Out of Event Featuring Big Bang Theory’s Mayim Bialik
Latest /
5 hours ago
Trump Calls Judge ‘Crooked’ After Facing a Warning of Jail Time if He Violates a Trial Gag Order
Politics /
5 hours ago
Federal Reserve Says Interest Rates Will Stay at Two-Decade High Until Inflation Further Cools
Economy /
5 hours ago
House Passes Bill Expanding Antisemitism Definition Amid Campus Protests Over Gaza War
Politics /
5 hours ago
Trump Awarded 36 Million More Trump Media Shares Worth $1.8 Billion
Business /
6 hours ago
New Battlegrounds Emerge in California’s Political Guerrilla War Over Housing
Housing /
8 hours ago
Fresno State Shows the Nation How a Peaceful Palestinian Protest is Done
A peaceful pro-Palestinian sit-in at Fresno State on Wednesday lived up to its billing.
“We want a cease-fire, and we just want a free...
Politics /
3 hours ago
Categories
Latest
Videos
Latest /
5 hours ago
Fresno State’s Randa Jarrar Dragged Out of Event Featuring Big Bang Theory’s Mayim Bialik
Politics /
5 hours ago
Trump Calls Judge ‘Crooked’ After Facing a Warning of Jail Time if He Violates a Trial Gag Order
Economy /
5 hours ago
Federal Reserve Says Interest Rates Will Stay at Two-Decade High Until Inflation Further Cools
Politics /
5 hours ago
House Passes Bill Expanding Antisemitism Definition Amid Campus Protests Over Gaza War
Latest /
1 day ago