The U.S. economy is still dealing with the aftermath of the COVID-19 pandemic, Federal Reserve chair Jerome Powell said during a meeting with community and business leaders in York, Pennsylvania.
“We are still coming through the other side of the pandemic,” Powell said, noting labor shortages in healthcare, ongoing difficulties with access to child care, and other issues heightened by the health crisis. He did not comment on current monetary policy or the economic outlook in brief opening remarks.
Source : Reuters
As the postwar international order fragments and universal agreement becomes increasingly elusive, policymakers face a…
Occupational licensing has attracted growing attention in advanced economies, yet little has been known about…
The dollar's role as the world's reserve currency has been blamed for an overvalued exchange…
Oil price shocks do not simply make conflict more likely everywhere; they change where violence…
There is growing evidence that place-based industrial policies lead to positive economic effects. This column…
Christian Mumssen, the fund's new director of strategy, cited a rapid succession of major shocks…