Fed’s Powell expects strong US growth

Jerome Powell: “My personal outlook for the economy has strengthened since December”

Economic growth in the US has gathered momentum since December, on the back of looser fiscal policy and higher demand from export markets, Jerome Powell said yesterday (February 27) in his first appearance before Congress as chair of the Federal Reserve.

“My personal outlook for the economy has strengthened since December,” Powell said before the Committee on Financial Services.

“Some of the headwinds the US economy faced in previous years have turned into tailwinds. In particular, fiscal poli

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: