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Hibbing, MN, USA / 93.9 WTBX Apr 15, 2021 4:52 PM (Reuters) - The U.S. economy still has a long way to go to fully recover from the crisis caused by the coronavirus pandemic, which fell hardest on minorities and people with lower levels of education, but the outlook is improving, Cleveland Federal Reserve Bank President Loretta Mester said on Thursday. While the economy is still far from our policy goals of maximum employment and price stability, progress is being made and the economic outlook is brightening, Mester said in remarks prepared for a virtual event with students from Swarthmore College. The Fed official noted that the crisis worsened existing racial disparities that make it harder for minorities to access quality education, jobs and credit. She said it s important for policymakers to be aware of these differences to help inform their understanding of the economy and the actions they take to support it.

Loretta mesterJonnelle marteAndrea ricciCleveland federal reserve bankSwarthmore collegeலோரெட்டா மேஸ்டேர்ஆண்ட்ரியா ரிச்சிகிளீவ்லேண்ட் கூட்டாட்சியின் இருப்பு வங்கிஸ்வர்திதிமோரே கல்லூரி