Fed officials say the labor market needs more time to heal
Fed officials say the labor market needs more time to heal
Top Federal Reserve officials emphasized on Monday that the labor market is far from completely healed, underlining that the central bank will need to see considerably more progress before it will feel ready to raise interest rates.
“We still have a long way to go until we achieve the Federal Reserve’s maximum employment goal,” John C. Williams, the president of the Federal Reserve Bank of New…
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