US economy looks to be strengthening: Fed chairman Jerome Powell

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US economy looks to be strengthening: Fed chairman Jerome Powell

straitstimes2021-03-23

WASHINGTON (REUTERS) - The US economy is "much improved", Federal Reserve Chair Jerome Powell said on Monday, crediting Congress and the central bank both for providing "unprecedented" support, but at...

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独羽
·2021-03-23
Talking a ton of rubbish and printing tons of paper money for stimulus. Watch his actions, not his words.
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2
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Couragesther
·2021-03-23
Help like and comment please
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1
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- GMJ:
  Done! Please help to like and comment on mine too
  2021-03-23
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Hashreen
·2021-03-23
Nice. Like and comments pls thanks
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1
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VickJW
·2021-03-23
Like and comment thanks.
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3
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- Hashreen:
  sure. reply too...
  2021-03-23
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armypanda90
·2021-03-23
Huating
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4
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- IceColdFist:
  Alrighttt[财迷][财迷][财迷]
  2021-03-23
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- Hashreen:
  hopefully..
  2021-03-23
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The0
·2021-03-23
Nice
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3
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- LouTrader:
  go up n up
  2021-03-23
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erichosk
·2021-03-23
Powell is just a lawyer without economic knowledge. I don't have much faith in him.
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4
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MFME
·2021-03-23
Well.... stocks will cyxle again i guess
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5
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KSONG
·2021-03-23
Like n comment pls. Tq
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- Trk:
  Like and comment For me too!
  2021-03-23
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ValAly
·2021-03-23
Like and comment pls..
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- NoviceK:
  Ok done
  2021-03-23
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- ValAly:
  Nice
  2021-03-23
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Deont
·2021-03-23
Nice
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4
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- JaNice:
  Lalala
  2021-03-23
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- JaNiceReplying toJaNice:
  Yes
  2021-03-23
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- Deont:
  Yes
  2021-03-23
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UnKnown_User
·2021-03-23
Ok
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2
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- UnKnown_User:
  ok
  2021-03-23
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TL3177
·2021-03-23
Anticipating
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1
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Ionics
·2021-03-23
Like and comment please
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4
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- ChiiKang:
  like and comment too
  2021-03-23
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ArkaneX
·2021-03-23
Comment pls!
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- ChiiKang:
  like and comment too
  2021-03-23
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- Ionics:
  ?
  2021-03-23
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Jojofi
·2021-03-23
Keep it up
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3
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- Jojofi:
  [得意]
  2021-03-23
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- Didilai:
  Kk
  2021-03-23
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Didilai
·2021-03-23
Like pls
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- Jojofi:
  Like
  2021-03-23
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Whiterabbitt
·2021-03-23
Looking forward to it!!
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2
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acciacci
·2021-03-23
Here to get free coins again
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1
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HUATkueh
·2021-03-23
Ok
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2
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Household spending has risen, he said, and the housing sector has more than fully recovered.\n\"However, the sectors of the economy most adversely affected by the resurgence of the virus, and by greater social distancing, remain weak, and the unemployment rate - still elevated at 6.2 per cent - underestimates the shortfall, particularly as labour market participation remains notably below pre-pandemic levels,\" he said. \"The recovery is far from complete, so, at the Fed, we will continue to provide the economy the support that it needs for as long as it takes.\"\nPowell's prepared remarks hewed to thetone of cautious optimism he has struck in recent weeksamid indications that a recovery is gaining strength.\nFed policymakers and many private forecasters are expecting a surge in spending and economic growth in coming months asmore Americans get vaccinated and venture out.But the Fed last week kept interest rates near zero, where they have been for the past year, and the majority of Fed policymakers continued to see them staying there through 2023.\nLawmakers are sure to pepper Powell with questions about the potential risks from the Fed's super-easy policy. That includes buying bonds at a pace of US$120 billion (S$161 billion) a month until the Fed sees \"substantial further progress\" toward its goals of full employment and inflation. Powell noted that lower-wage workers, African Americans, Hispanics and other minority groups are among those still hurting.\nPowell last week said it is not time yet even to begin talking about paring the Fed's bond-buying. Though Fed policymakers expect robust growth to help heal the labour market, there's a big hole yet to fill, with the US economy still millions of jobs short of where it was before the crisis.\nAnd while policymakers see inflation rising to 2.4 per cent this year as people rush to spend their pent-up savings, those price rises are not expected to continue for long. 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Watch his actions, not his words.","listText":"Talking a ton of rubbish and printing tons of paper money for stimulus. Watch his actions, not his words.","text":"Talking a ton of rubbish and printing tons of paper money for stimulus. Watch his actions, not his words.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353807410","repostId":1117197102,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353803731,"gmtCreate":1616475690823,"gmtModify":1704794580282,"author":{"id":"3557433279201512","authorId":"3557433279201512","authorIdStr":"3557433279201512","name":"Couragesther","avatar":"https://static.tigerbbs.com/fb776fde22322bb11f3651d216a6b06e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3557433279201512"},"htmlText":"Help like and comment please","listText":"Help like and comment please","text":"Help like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/353803731","repostId":1117197102,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3860456,"gmtCreate":1616477005194,"gmtModify":1680781384802,"authorId":3572410425439543,"author":{"id":3572410425439543,"authorId":3572410425439543,"name":"GMJ","avatar":"https://static.tigerbbs.com/d01f478c3a55fff76ad0c296637f8ea1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353803731,"type":1,"supId":0,"prevId":0,"content":"Done! Please help to like and comment on mine too","text":"Done! Please help to like and comment on mine too","html":"Done! Please help to like and comment on mine too"}],"langContent":"EN"},{"id":353803681,"gmtCreate":1616475643543,"gmtModify":1704794579959,"author":{"id":"3570278985054387","authorId":"3570278985054387","authorIdStr":"3570278985054387","name":"Hashreen","avatar":"https://static.tigerbbs.com/2fdcbd3e2f557176b591e8d1c7045dbb","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3570278985054387"},"htmlText":"Nice. Like and comments pls thanks","listText":"Nice. Like and comments pls thanks","text":"Nice. Like and comments pls thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353803681","repostId":1117197102,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353176411,"gmtCreate":1616475052933,"gmtModify":1704794570722,"author":{"id":"3578439260866475","authorId":"3578439260866475","authorIdStr":"3578439260866475","name":"VickJW","avatar":"https://static.tigerbbs.com/dc8189137ac06a254539a020b5b368b2","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3578439260866475"},"htmlText":"Like and comment thanks.","listText":"Like and comment thanks.","text":"Like and comment thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/353176411","repostId":1117197102,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3860323,"gmtCreate":1616475662390,"gmtModify":1680781375036,"authorId":3570278985054387,"author":{"id":3570278985054387,"authorId":3570278985054387,"name":"Hashreen","avatar":"https://static.tigerbbs.com/2fdcbd3e2f557176b591e8d1c7045dbb","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353176411,"type":1,"supId":0,"prevId":0,"content":"sure. reply too...","text":"sure. reply too...","html":"sure. reply too..."}],"langContent":"EN"},{"id":353176089,"gmtCreate":1616474982341,"gmtModify":1704794569896,"author":{"id":"3576729415516509","authorId":"3576729415516509","authorIdStr":"3576729415516509","name":"armypanda90","avatar":"https://static.tigerbbs.com/9e4f2e0a614b36c8b5360e771c2deb6c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576729415516509"},"htmlText":"Huating","listText":"Huating","text":"Huating","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/353176089","repostId":1117197102,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3860435,"gmtCreate":1616476757971,"gmtModify":1680781383122,"authorId":3574976836313552,"author":{"id":3574976836313552,"authorId":3574976836313552,"name":"IceColdFist","avatar":"https://static.tigerbbs.com/1f730eb3b59a0f9ec7ee2312637048a4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353176089,"type":1,"supId":0,"prevId":0,"content":"Alrighttt[财迷][财迷][财迷]","text":"Alrighttt[财迷][财迷][财迷]","html":"Alrighttt[财迷][财迷][财迷]"},{"id":3860327,"gmtCreate":1616475671796,"gmtModify":1680781378072,"authorId":3570278985054387,"author":{"id":3570278985054387,"authorId":3570278985054387,"name":"Hashreen","avatar":"https://static.tigerbbs.com/2fdcbd3e2f557176b591e8d1c7045dbb","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353176089,"type":1,"supId":0,"prevId":0,"content":"hopefully..","text":"hopefully..","html":"hopefully.."}],"langContent":"EN"},{"id":353170543,"gmtCreate":1616474575382,"gmtModify":1704794563911,"author":{"id":"3574848185025531","authorId":"3574848185025531","authorIdStr":"3574848185025531","name":"The0","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":7,"crmLevelSwitch":1,"idStr":"3574848185025531"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/353170543","repostId":1117197102,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3860194,"gmtCreate":1616474756064,"gmtModify":1680781373213,"authorId":3565233205257422,"author":{"id":3565233205257422,"authorId":3565233205257422,"name":"LouTrader","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353170543,"type":1,"supId":0,"prevId":0,"content":"go up n <u>up</u>","text":"go up n <u>up</u>","html":"go up n <u>up</u>"}],"langContent":"EN"},{"id":353147108,"gmtCreate":1616474465904,"gmtModify":1704794561644,"author":{"id":"3575433293784452","authorId":"3575433293784452","authorIdStr":"3575433293784452","name":"erichosk","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":1,"crmLevelSwitch":0,"idStr":"3575433293784452"},"htmlText":"Powell is just a lawyer without economic knowledge. I don't have much faith in him.","listText":"Powell is just a lawyer without economic knowledge. I don't have much faith in him.","text":"Powell is just a lawyer without economic knowledge. I don't have much faith in him.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353147108","repostId":1117197102,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353144591,"gmtCreate":1616474398713,"gmtModify":1704794560669,"author":{"id":"3574399983193226","authorId":"3574399983193226","authorIdStr":"3574399983193226","name":"MFME","avatar":"https://static.tigerbbs.com/9c7d2325aa9eb91869c4c7144270a75a","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":7,"crmLevelSwitch":1,"idStr":"3574399983193226"},"htmlText":"Well.... stocks will cyxle again i guess","listText":"Well.... stocks will cyxle again i guess","text":"Well.... stocks will cyxle again i guess","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353144591","repostId":1117197102,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":353148291,"gmtCreate":1616473940513,"gmtModify":1704794555808,"author":{"id":"3573608981633568","authorId":"3573608981633568","authorIdStr":"3573608981633568","name":"KSONG","avatar":"https://static.tigerbbs.com/0cac42cab0c725d4b65ec3d804892fc9","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3573608981633568"},"htmlText":"Like n comment pls. Tq","listText":"Like n comment pls. Tq","text":"Like n comment pls. 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