Economics
Fed Officials Feeling Good About Progress on Jobs and Wages
- Evans reveals growing confidence in inflation outlook
- Mester, Kaplan encouraged by December employment report
El-Erian: Jobs Report to Encourage Fed Rate Hikes
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Federal Reserve officials voiced growing confidence Friday that the U.S. economy is moving closer to the central bank’s targets on unemployment and inflation.
“I am optimistic that fundamentals will remain strong and that the labor market will continue to support consumer-led growth in output,” said Charles Evans, president of the Chicago Fed, speaking on a panel at the annual conference of the American Economic Association.