Wages have been rising, particularly for lower-paying jobs. People who live and work in low and middle-income communities tell us that many who have struggled to find work are now getting opportunities to add new and better chapters to their lives.
Highlights the positive impact of economic policies on job opportunities for lower-income individuals.
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More from Jerome Powell
As long as the economy is in solid shape, we think the prudent thing to do is to wait and see what those effects might be.
The public would lose faith that the central bank will make decisions based only on what’s best for all Americans.
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