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Okay, one more word from J. Powell on the program.

Today, just one, we promise, from American public media, this is Marketplace.

In Los Angeles, I'm Kyle Rizdal. It is Thursday.

Today, this one is the second of November.

Good as always to have you along, everybody.

We spent a bit of time yesterday reviewing Fed Chair J. Powell's syntax during his post-meeting press conference

and describing this economy and interest rates and where the central bank thinks things are going.

Today, Powell and exactly five words, five words that he kept on using.

Here's another one that was a close sixth on our list, resilient as in economic growth

and the labor market have been resilient, have held up surprisingly well in the face of the Fed's efforts to slow things down.

Powell keeps using that word, but does it mean what he thinks it means?

Marketplace's Mitchell Hartman gets his going.

...