Chairman of the Federal Reserve nominee Jerome Powell testifies during his confirmation hearing before the Senate Banking, Housing and Urban Affairs Committee November 28, 2017 on Capitol Hill in Washington, DC.Fed Chair Jerome Powell said the pandemic was "a great increaser of inequality" at an online event hosted by Princeton University.He singled out women and hourly workers in the service industries as the segment of the population weathering the brunt of the fallout.
He added: "It is low-paid workers in the service industries who are bearing the brunt of this, it is also women to an extraordinary degree."
Hi, we know. Next in the news, water is wet.
The Federal Reserve is the greatest increaser of income inequality.
Not increaser, an indicator of preexisting income disparities.
Check it out! Do You Want To create advertising video of your brand logo
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Tom Brady is selling his highly customized Cadillac Escalade for $300,000 — see inside - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. look like a funeral car In my country this car would be used by Funeral Parlours only 🤣🤣 Looks more like a hearse.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »
Federal Reserve Is ‘Days Away’ From Making First Main Street Loans To Middle Market Businesses, Powell SaysPowell says Main Street is “far and away the biggest challenge” the Fed has faced during the pandemic. Over 100,000 dead in the USA in 10 weeks from Coronavirus, 41 million unemployed, 25% of workforce out of work, several small companies going out of business permanently, and bankruptcies and evictions soaring. No cure or vaccine. Country is more divided than ever.
Fuente: Forbes - 🏆 394. / 53 Leer más »
LendingArch is expanding to the US - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »
UK Parliament voices cash infrastructure concerns - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »