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MNI BRIEF: Fed's Powell Says Economy Going Into Higher Gear

Federal Reserve Chairman Jerome Powell said Wednesday the economy is entering a "period of faster growth and higher job creation" as vaccinations take hold despite lingering risks from the gradually fading Covid pandemic.

MNI reported this week that current and former Fed officials are increasingly focused on the lack of a clear exit path of QE as the economy improves more rapidly than previously thought. Powell's comments came in a webinar for the Economic Club of Washington.

MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com

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