Canada
Federal Reserve's restrictive policy needs more time to work, Jerome Powell says
Discover the latest insights from Bank of Canada Governor Tiff Macklem and Federal Reserve Chair Jerome Powell on the Canadian economy's future prospects.
"The labor market remains very strong" as the unemployment rate remains under 4% for the longest period in more than half a century, Federal Reserve Chair Jerome Powell said on Tuesday. Even with this strength the labor market has been moving into be... [2609 chars]
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