Fed Chairman Powell: Fed can maintain strong labor market through policy adjustments

Federal Reserve Chairman Powell said in a speech that the Federal Reserve can maintain the strength of the labor market through policy adjustments. The labor market is not the source of inflationary pressures; indicators show that the current labor market tightness is lower than before the outbreak; inflation has eased significantly, but remains above our target; the unemployment rate has increased, but remains low; Long-term inflation expectations appear to remain stable. (Golden Ten)