Jerome Powell: “The rise in joblessness has been especially severe for lower-wage workers, for women, for African Americans, and for…”

I won’t bow to political pressure when it comes to setting monetary policy.

I have nothing for you on that today.

Overall, while the labor market appears to be in balance, it is a curious kind of balance that results from a marked slowing in both the supply of and demand for workers.

I haven’t heard that.