12-06-2020 16:59 via uk.finance.yahoo.com

Fed's Powell pledges focus on return to strong labor market

U.S. Federal Reserve Chair Jerome Powell on Friday reiterated his pledge to do what he can to bring the U.S. labor market back to its pre-coronavirus strength."While all of us have been affected, the burdens are falling most heavily on those least able to carry them," Powell said of the coronavirus pandemic.Powell made the remarks in a report released Friday detailing findings from more than a dozen community outreach events the Fed held across the country over the past year, part of a review of
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