Jerome Powell said...

if not contained and reversed, the downturn could further widen gaps in economic well-being

Warns about the economic downturn exacerbating racial wealth gaps.

06/16/2020

More Jerome Powell Quotes

Policy changes continue to evolve, and their effects on the economy remain uncertain.

non-political analysis

For the time being, we are well positioned to wait to learn more about the likely course of the economy before consideri...

The effects on inflation could be short lived — reflecting a one-time shift in the price level.