Today warned of “tragic” consequences if support for the economy is stopped. Those words came from Jerome Powell, the chairman of the US central bank (FED).
The recovery will speed up if the government continues to support the economy, Powell said. “Too little aid would lead to a weak recovery and unnecessary hardship for households and businesses.”
“Our economy is doing great. The stock market is at a record high, jobs are also coming back in record numbers. We are at the forefront of the global economic recovery, and the best is yet to come!”
In September, 661,000 jobs were added in the US, according to figures released on Friday, which Trump is probably referring to. That is the highest number since 1983, but it is still less than what economists expected.
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