Fed Chairman Powell says rates will stay low for some time, citing grim picture of jobs – CNBC

Fed Chairman Powell says rates will stay low for some time, citing grim picture of jobs – CNBC

Federal Reserve Chairman Jerome Powell on Wednesday painted a grim picture of the employment situation in the United States, saying continued aggressive political support was needed to address the myriad problems workers still face . Solving this problem will require “patiently accommodative monetary policy that incorporates lessons from the past” regarding the benefits that low […]
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