Stimulus Alone Won't Fix Economic Disparities By Race, Gender, Boston Fed President Says

  • 📰 Forbes
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

United States Headlines News

United States Latest News,United States Headlines

Rosengren says an equitable economic recovery will require broadening access to affordable health insurance, job training and benefits.

Though the Federal Reserve's accommodative monetary policy and massive fiscal stimulus have ushered in a swift resurgence for stocks, customer-facing firms and their employees are facing a more-precarious recovery that will require state-and-local coordination in addition to expected government relief, Eric Rosengren, the Federal Reserve Bank of Boston's president, said in a speech Friday....

Fewer visits have led to decreased spending, forcing sharp employment fluctuations in industries most affected by social distancing–including those with the biggest employment declines since September: arts, entertainment and recreation.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

(Salesman) There are only individuals; the metric for sought 'cash economy' (a national solution) is literally 'individual net worth' (it growing in banks allowing banks to make better investments). Extract profit from daily choices: 'Causality - Time Is Money,' Apple App Store

Of course not it’s just another welfare program!! Democrats want to keep minorities dependent on the Government 🧐

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.