Powell’s lean to job market under microscope as U.S. Federal Reserve revisits strategy

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Powell’s lean to job market under microscope as U.S. Federal Reserve revisits strategy

theglobeandmail.com/business/international-business/us-business/article-powells-lean-to-job-market-under-microscope-as-us-federal-reserve

With mounting evidence that tight labour markets do not necessarily boost inflation and facing massive job losses in 2020, Federal Reserve Chair Jerome Powell oversaw a shift in U.S. central bank strategy that put more weight on the goal of full employment and pledged not to use a low…

This story appeared on theglobeandmail.com, 2025-05-15 11:04:16.