Fed Chair Powell: Labor market has come into better balance, and unemployment rate remains low

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Federal Reserve Chair Jerome Powell addresses the media after the FOMC decides to leave interest rate unchanged.
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250k just lost their jobs unemployment is going to skyrocket

robertadams
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The unemployment lies are crazy. Most people are driving for Uber. 😂

michaelkees
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He is not a machine that reads the lagging indicators. He made a mistake. Instead of trying to brake suddenly right behind the car stopped due to an accident, he should have changed lanes earlier before it's too late.

refham
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This should be the new normal. Interest rates are still below the 100-year average.

aa
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Now this is some serious number fudging right here. How many people I know had to take a second part time job just to make ends meet with this inflation BS...

richpomanFU
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Inflation? Inflation? What world are you living in! I bought 6 grocery items and cost me little over $70 and I buy the cheap stuff 😡

dylanwanatee
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Sahm rule in effect, yield curve starting to un-invert. Stack cash.

FabiWann
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Too many are trying to make it as content creators.

snappyAF
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this fed is insane. absolutely terrible in bad ways unemployment went up highest in 2 years at 4.1% tech layoffs everywhere layoff high pay office jobs do not exist anymore. yet they keep rates high? they need to cut now!

jaehparrk
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A lot of people i know are unemployed and want to leave the USA for better venture and survival and yet the Fed doesn’t see anything wrong?

hue
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Oh yes, lots of employed ppl who can barely get by on these wages, but hey, at least they have jobs

nicktaylor
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So if inflation is 2.5%, why is the mortgage rate still close to 7%?

biggame
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Rates need dropped they are delusional

TheLovedove
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So, it's finally gonna get back to when Trump was President.

brianamerica
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He need to resign. He created all this mess

Hsz