September 18, 2024 19:24 GMT
FED: Final Question on Job Market & Growth Versus Inflation
FED
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- Last question of the presser: Are you more worried about the job market and growth than inflation?
- A: No, we think they are roughly balanced. We're recalibrating our policy to a stance that will be more neutral. Today we made a "good strong start" on that. I think it was the right decision and it should send the signal that we're committed to coming up with a good outcome. I don't see anything in the economy that suggests the likelihood of a recession.
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