Fed's Powell talks economy, jobs: Read highlights

The yield on the 10-Yr. Treasury hits 1.47%

Federal Reserve Chair Jerome Powell took questions during a "Conversation on the U.S. Economy" hosted at The Wall Street Journal Jobs Summit. This as weekly jobless claims remain elevated coming in at 745,000.

ANOTHER 745K AMERICANS FILED FOR UNEMPLOYMENT BENEFITS LAST WEEK

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 34200.67 +164.68 +0.48%
SP500 S&P 500 4185.47 +15.05 +0.36%
I:COMP n.a. n.a. n.a. n.a.

Powell gave his outlook for inflation, when the Federal Reserve may raise interest and how far the economy has come since the height of the pandemic nearly one year ago.

NASDAQ ERASES 2021 GAINS AS YIELDS CLIMB

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