Fed’s Powell expects strong US growth

Robust labour market likely to support income and consumer spending rises, Fed chair says

jerome-powell-federal-reserve
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 on 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 policy has

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets 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: