For Black workers, unemployment is 4 percentage points higher than for whites. Can the Federal Reserve fix that?
Wendy Edelberg, director of the Hamilton Project, says monetary policy has a roleay, but it's "not the whole show."
“This downturn has not felt like a normal downturn for the whole economy because of fiscal relief,” says Robert Kaplan.
The central bank is already buying bonds to keep money flowing, but it has a few more tools in its kit.
The Organization for Economic Cooperation and Development echoes central bankers, saying monetary policy alone can't spur global growth.
In a 30 minute conversation, Chairman Powell discusses tariffs, political pressure on the Fed and wage stagnation.
If we want better policies, then politicians need to start thinking more like economists — and vice versa.
In a speech near Detroit, Clinton said the rich and corporations should pay more.