Marketplace
Marketplace
Mar 17, 2021
We know what Jay Powell is thinking
Play • 29 min

The Federal Open Market Committee wrapped up its two-day March meeting today, and, like always, Federal Reserve Chair Jerome Powell held a press conference after. Powell had two main messages. First, “talking about inflation is one thing, actually having inflation run about 2% is the real thing,” he said. Also, the outlook for the economy in the next two to three years is “highly uncertain.” Also on the show: small businesses are having trouble finding workers, why there’s a shortage of shipping containers and pandemic-induced patience might not last.

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