By Victoria Guida

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth.

Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth.

Fed Chair Jerome Powell said the central bank still expects rising inflation to subside in the coming months but underscored that he will be watching the data to see if that’s wrong.

Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth.

Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth.

Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth.

Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth.

Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth.

Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth.

Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth.

Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth.

Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth.

Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth.

Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth.

Income growth has been relatively strong, particularly in the last couple of months, despite disappointing overall job growth.

Central bank officials now expect the unemployment rate to drop to 4.5 percent by the end of 2021.

Central bank officials now expect the unemployment rate to drop to 4.5 percent by the end of 2021.

Central bank officials now expect the unemployment rate to drop to 4.5 percent by the end of 2021.

Central bank officials now expect the unemployment rate to drop to 4.5 percent by the end of 2021.

Central bank officials now expect the unemployment rate to drop to 4.5 percent by the end of 2021.

Central bank officials now expect the unemployment rate to drop to 4.5 percent by the end of 2021.

Central bank officials now expect the unemployment rate to drop to 4.5 percent by the end of 2021.

Central bank officials now expect the unemployment rate to drop to 4.5 percent by the end of 2021.

Central bank officials now expect the unemployment rate to drop to 4.5 percent by the end of 2021.

Central bank officials now expect the unemployment rate to drop to 4.5 percent by the end of 2021.

Central bank officials now expect the unemployment rate to drop to 4.5 percent by the end of 2021.

Central bank officials now expect the unemployment rate to drop to 4.5 percent by the end of 2021.