Federal Reserve Chair Powell Optimistic About US Economy, Expects Decline in Inflation
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#a6c7f3e2 ver:0.43

Federal Reserve Chair Powell optimistic about US economy, expects decline in inflation. Powell believes inflation is transitory and will decrease in the coming months. The Fed will continue to provide support until substantial progress is made. However, weaker productivity gains and rising unit labor costs pose challenges. Employment report for April will provide insight into job and wage growth. Neil Dutta argues for weaker inflation, citing trimmed labor demand and consistent earnings growth. #FederalReserve #economy #inflation...

#newstr #UsEconomy #Inflation #FederalReserve 

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