Monetary policy is “well positioned” to support the strong labor market, which is just now starting to benefit workers on the margins, Federal Reserve Chair Jerome Powell said Monday. Powell said he has heard stories of employers and schools collaborating to train and hire people with various levels of education and workers with disabilities, according to prepared remarks to be delivered at an annual dinner for the Greater Providence Chamber of Commerce. “We have heard that many people who in the past struggled to stay in the workforce are now working and adding new and better chapters to …read more
Source:: Yahoo Finance
