//Jerome Powell: A stronger job market is key to combating economic inequality

Jerome Powell: A stronger job market is key to combating economic inequality

Federal Reserve Chairman Jerome Powell stressed Wednesday that the federal government’s role in strengthening the U.S. market in the face of a recession is vital in preventing a worsening of economic inequality.Powell said the Fed would continue to deploy all its financial tools to help “get back as quickly as we can to a tight labor market.” And he reiterated his belief that Congress must