“The economy is strong, the labor market is strong and inflation has come way down.”

Federal Reserve chair Jerome Powell commented on the Federal Reserve’s policymaking committee of 19 officials' new set of economic projections last week, showing that they now expect economic growth in 2024, 2025 and 2026 to be even stronger than they previously thought. Read the CNN article, “Here’s Why the Fed Doesn’t See a U.S. Recession in Coming Years.”