Washington, Dec 18, 2024 (AFP) - Powell says 'optimistic' about 'very good' US economy

NAMPA / AFP

2024-12-18

Federal Reserve Chair Jerome Powell offered an upbeat outlook on the US economy on Wednesday, saying the labor market had slowed somewhat but remained solid. "I feel very good about where the economy is," Powell said at a news conference after the central bank lowered interest rates. "Honestly, I'm very optimistic about the economy, and we're in a really good place." da-jmb/nro ...

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