Fed’s Powell Says Real Jobless Rate Is 10%—With Big Policy Implications |
| February 13, 2021 | February 2021 Bond Updates |
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Federal Reserve Chairman Jerome Powell has offered a sobering assessment of the U. S. economic prospects as the Covid pandemic rages: the actual unemployment rate when accounting for crisis-related exits from the labor force is closer to 10%. |
| View more at: https://www.forbes.com/sites/pedrodacosta/2021/02/12/feds-powell-says-real-jobless-rate-is-10-with-big-policy-implications/ |
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