Economics

Fed’s Powell Says U.S. Economy’s Glass Is ‘More Than Half Full’

  • Says rates at right level until Fed sees ‘material’ change
  • Fed chair says there’s more elected representatives could do
Jerome PowellPhotographer: Andrew Harrer/Bloomberg
Lock
This article is for subscribers only.

Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast.

Federal Reserve Chairman Jerome Powell struck an upbeat tone in gauging the ability of policy makers to extend the record U.S. economic expansion, while signaling interest rates would probably remain on hold.