The Fed adjusted some of Main Street’s fees to encourage the provision of smaller loans.
Years of progress towards gender parity are now suddenly being reversed.
The pandemic recession has exacerbated inequalities between the rich and the poor.
Officials are concerned that the recovery will falter without additional fiscal stimulus.
He repeated the Fed’s call for additional fiscal support to help speed the recovery.
The Fed said it will maintain accommodative rates until inflation averages 2%.
Inadequate efforts by government leaders to control the virus are prolonging the downturn, they say.
If unemployment insurance isn’t boosted further, it could weaken growth, he said.
Strong public measures or a vaccine will be needed to avoid a prolonged recovery, she said.
Parts of the U.S. are scaling back reopenings amid a fresh surge in infection rates.
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