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Fed’s Harker: Labour market has very little slack left

Speaking at a conference in Baltimore,  Philadelphia Federal Reserve President Patrick Harker said there was very little slack left in the labour market.

“Even as the economy at large prospers, people in many communities face real economic challenges. It is our job to question how those systems continue to perpetuate racially disparate outcomes that ultimately limit our economic potential,” Harker further added, as reported by Reuters.

 

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