As Labor Market Cools, Key US Financial Figures Address Economy
As the November elections loom closer, the U.S. economy is a primary concern for many Americans. This week, two key figures in the nation’s financial landscape, Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen, shared their perspectives on the country’s economic situation.
Federal Reserve Chair Jerome Powell delivered his semi-annual economic report to the Senate Banking Committee, where he emphasized signs that the economy is doing well, despite the latest concerns about jobs. “Recent indicators suggest the economy continues to expand at a solid pace,” Powell said.
Powell highlighted that the measures taken by the Federal Reserve have made “considerable progress” in addressing the worst inflation spike in 40 years. “Inflation has eased notably in the past two years, though it remains above the goal of 2%,” he noted.
Read the full story from CBN Tara Mergener:
https://www2.cbn.com/news/us/families-are-struggling-labor-market-cools-key-us-financial-figures-address-economy
Want more news from a Christian Perspective? Choose to support CBN: https://go.cbn.com/ugWBn
CBN News. Because Truth Matters™
Download the free CBN News App: http://cbnnews.com/app
SUBSCRIBE to the CBN News Channel for more:
http://youtube.com/c/CBNnewsonline/?sub_confirmation=1
SUBSCRIBE to the QuickStart Newsletter by visiting quickstart.news
SUBSCRIBE to the Quickstart Podcast. New episodes every morning at 7am: cbn.com/cbnnews/quickstart
What’s coming up next? Have a look at our program guide: https://www.youtube.com/redirect?q=http%3A%2F%2Fwww1.cbn.com%2Fcbnnews%2Fnewschann&redir_token=3Xja-7LE5ZQebEu1fn-B5ib34tN8MTU3OTg4MjMzMkAxNTc5Nzk1OTMy&v=P0mHVeNNfDw&event=video_description
CBN features 24-hour TV news from a Christian perspective. The CBN News Channel provides independent news programming to an underserved audience to enlighten, entertain and inspire Christians around the world. Comments below do not necessarily reflect the views of CBN.
Share this live feed with your friends and family:
https://www.youtube.com/c/CBNnewsonline
Like us on Facebook: https://www.facebook.com/cbnnews/
Like us on Twitter: https://twitter.com/CBNNews
Follow us on Instagram: https://www.instagram.com/cbnnews/
Contact News Editors: https://www.youtube.com/redirect?q=https%3A%2F%2Fwww1.cbn.com%2Fcontact%2Fcontact-&redir_token=3Xja-7LE5ZQebEu1fn-B5ib34tN8MTU3OTg4MjMzMkAxNTc5Nzk1OTMy&v=P0mHVeNNfDw&event=video_description
Questions about other CBN programs: Visit WatchCBNNews.com or call (888) 700-7000.
Questions about supporting CBN News? Visit JoinCBNNews.com or call (888) 700-7000 for more information.
Questions about Helping the Home Front? Call: 800-700-7000
https://www.youtube.com/redirect?q=https%3A%2F%2Fwww1.cbn.com%2F700club%2Fhelping-&redir_token=3Xja-7LE5ZQebEu1fn-B5ib34tN8MTU3OTg4MjMzMkAxNTc5Nzk1OTMy&v=P0mHVeNNfDw&event=video_description
#breakingnews #politicalnews #christiannews #christian #christianity #church #breakingnews #cbnnews
