Powell — speaking to reporters following the Fed’s latest decision on rates — said “millions” of people will not return to work for some time because of the aftershocks to businesses from the health scare. The Fed chief suggested the lack of jobs would be rooted in the reality that companies were unable to survive the pandemic or the role no longer exists in the new world order.
Learn More:
https://money.yahoo.com/federal-reserve-chief-jerome-powell-millions-of-people-wont-return-to-work-because-of-covid-19-pandemic-200434497.html
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