On the recordNovember 13, 2019
I do think that as this expansion has continued, we have started to see people at the lower end of the wage scale get the bulk of the benefits.
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congress.govI do think that as this expansion has continued, we have started to see people at the lower end of the wage scale get the bulk of the benefits.
Powell acknowledges that economic growth benefits lower-income individuals.
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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.
As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect might be.