Thursday, August 27, 2020

Stronger job markets are a good thing. Never having to work again is a better thing.

New York Times


BREAKING NEWS

The Fed made a big shift on interest rate policy that could mean long periods of cheap mortgages and business loans, and stronger future job markets.

Thursday, August 27, 2020 9:48 AM EST
Jerome Powell, the chair of the Federal Reserve, announced a major shift in the way America’s central bank approaches its economic policies — redoubling the Fed’s focus on low unemployment while pledging to allow inflation to run slightly higher in good times.
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