Powell: Labor Demand Has Softened Clearly

Sees core PCE at 3.2% for March Sees PCE at 3.5% Near term inflation expectations have risen Jobs growth slowing reflects slower labor force growth Consumer spending is resilient Inflation elevated, in part reflecting energy price increase More to come This article was written...

Sees core PCE at 3.2% for March Sees PCE at 3.5% Near term inflation expectations have risen Jobs growth slowing reflects slower labor force growth Consumer spending is resilient Inflation elevated, in part reflecting energy price increase More to come This article was written…

Sees core PCE at 3.2% for March Sees PCE at 3.5% Near term inflation expectations have risen Jobs growth slowing reflects slower labor force growth Consumer spending is resilient Inflation elevated, in part reflecting energy price increase More to come This article was written by Adam Button at investinglive.com.

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