Daybreak Europe Show Open: Powell Sees 'Real Progress' But Not Even

The transcript discusses Jay Powell's perspective on economic progress, highlighting that while progress is being made, it is not benefiting everyone equally, with racial and economic disparities evident. The Federal Reserve's current monetary stance is examined, with differing views on when tapering should begin, contrasting with past cycles. The discussion includes the need for unemployment to reach 5% before tapering talks, potentially at Jackson Hole.

What does Mr. Williams at the New York Fed say about the current data and conditions?

What unemployment rate does the last guest suggest is necessary before taper talk begins?