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Powell Says Economy Making Real Progress, But Not for Everyone

  • Fed chair says U.S. economic outlook has ‘clearly brightened’
  • Rebound slower for Americans on lower wages, less education
Bloomberg business news
Powell Says Economic Recovery Uneven, Far From Complete
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Federal Reserve Chair Jerome Powell said that while the U.S. economic recovery is “making real progress,” the gains have been uneven following a downturn that cut hard along lines of race and income.