This week Fed Chair Jerome H. Powell gave a speech on the direction that the economy was going addressing the measures planed to be taken to help. During this speech he addressed a number of items from tapering to quantitative easing. There are many issues facing the economy today from reopening plans, new variants, and jobless/unemployment crisis. He also expressed that they have a goal to have maximum employment to businesses which will help boost the economy. Inflation is also a big issue facing the overall growth of the market and was discussed during the speech as well. The path forward is faced with many challenges by businesses as well as workers but I believe the discussion must be had in order to come to a resolve and boost the economy.
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