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Fed's Paulson: Still more concerned by the labor market than inflation

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Economic Outlook

From philadelphiafed.org

Thank you, John. And thank you, Mike. I’m looking forward to taking your questions in a few minutes. It is great to be in Wilmington, and I want to thank the Delaware Chamber for inviting me to speak today. This is my first time in Delaware since joining the Philly Fed back in July. I have heard a lot about how the Philly Fed has benefited from productive relationships with many of you over the years. I look forward to many years of continued partnership. Before we jump into the Q&A, I’d like to take a few minutes to describe how I see the economy and what this means for monetary policy. With the end of the year ... (full story)

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