Inequality in recovery is a serious problem

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FOMC President Jerome Powell delivers his remarks at the International Monetary Fund (IMF) seminar entitled “Debate on the global economy.”

Featured statements

“There is a brighter outlook for the US economy thanks to fiscal support and vaccines.”

“Monetary policy remains supportive.”

“We want to see a series of months like the march jobs report to see the progress.”

“Inequality in recovery is a serious problem.”

“Substantial additional progress means real progress.”

“There is a risk in the United States; cases are coming back here.”

“Any recovery in the cases will slow down the recovery.”

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