Richard Neal: “4.3% unemployment rate today, but there's still a stubborn…”

“And when I hear people say, well, it was inflation. Now. Inflation was a worldwide problem. It was not just an American problem. And look how fast the American economy responded and rebounded. 4.3% unemployment rate today, but there's still a stubborn part of inflation. And let me be also mindful of this. I think Chairman Powell has done a very good job as chairman of the Federal Reserve Bill because he has not succumbed to the pressures of being told what to do about interest rates.” (30:17–30:23)

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