On the recordFebruary 26, 2018
Racial discrimination in mortgage lending, in any kind of lending, is completely unacceptable.
Source
congress.govRacial discrimination in mortgage lending, in any kind of lending, is completely unacceptable.
Powell emphasizes the unacceptability of racial discrimination in mortgage lending.
Share
More from Jerome Powell
When you significantly slow the growth of the labor force, you will slow the growth of the economy.
We're trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.
Job growth, he said, has slowed considerably and that the downside risks to employment are rising.
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.