Summary: Fed Chief Jerome Powell recently offered his opinion on the economy in a rare broadcast interview. It’s not unheard of for a Fed Chief to do a media interview, but this one comes at a time when there’s been much criticism about the Federal Reserve’s decision to hike short term interest rates. He reiterated in his interview, that rate hikes are on hold. He also spoke about the health of the economy, true unemployment numbers, and potential risks the Fed is monitoring.
