The U.S. economic outlook is “remarkably positive,” according to comments from the Federal Reserve chairman, Jerome Powell. It looks as if the golden period may last for quite some time. Chicago Fed chief executive Charles Evans said it would remain optimistic if interest rates are raised to above neutral, which would be just over three percent. Unemployment is sitting below four percent, making it the lowest level in 18 years; over 200,000 jobs have been added to payroll employment each month, and inflation is at the target level of two percent.
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Evans said fundamentals are strong and the U.S. job market is doing terrific. “I spent quite a long time indicating that I think inflation needs to get up to two percent, and here we are.” He said he thinks the U.S. will be able to stay strong for several years. The federal interest rate is at a range of two to 2.5 percent currently, which is the highest since the 2008 financial crash. The last increase happened on September 26, the eighth rise since the Fed began normalizing the easy monetary policy in 2015. There are many opportunities available in the United States for you and your family. Contact ABD Göç Hizmetleri to help you apply for the Green Card Lottery and begin living your dream.