On the recordJuly 9, 2019
We put a very high value on diversity.
Source
congress.govWe put a very high value on diversity.
Powell states the Federal Reserve's commitment to diversity.
Share
More from Jerome Powell
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.
When you significantly slow the growth of the labor force, you will slow the growth of the economy.
So we didn't overreact — in fact, we didn't react at all. We're simply taking some time.