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Fed Chair Powell Speaks

FED

Fed Chairman Powell -- not breaking any new ground at virtual community development event:

  • ECONOMIC OUTLOOK CLEARLY BRIGHTENED, NOT OUT OF WOODS, Bbg
  • RECOVERY STRENGTHENING BUT SLOWER FOR THE LOWER PAID, Bbg
  • NON-COLLEGE DEGREE ADULTS SAW 20% LAYOFFS IN 2020, Bbg
  • ROBUST SUPERVISION CRITICAL TO TACKLING DISCRIMINATION, Bbg
  • CRA WILL BE MOST AFFECTIVE WITH COMMON AGENCY APPROACH, Bbg

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