Powell: The labor market appears to be fully back in balance

• Labor market is more-or-less back to pre-pandemic levels
• We’re very much balancing our two risks and that’s what we’re balancing these days
• The likely direction is that we begin to loosen policy at the right moment
• The best thing we can do for housing is getting inflation down
• There was still a housing shortage before the pandemic
• Our economy has been exceptional compared to global peers
• Job creation is narrowing in the economy

This article was written by Adam Button at www.forexlive.com.