Too little support would create “unnecessary hardship for households and businesses,” the Fed chair says
America's employers added 661,000 jobs in September, but nearly 10 million jobs remain lost
The typical white family had eight times the wealth of Black families and five times the wealth of Hispanic families, a Fed report said
Projections may underscore how long the central bank expects to keep rates low
Employers added 1.4 million jobs, down from 1.7 million in July
Visits to shops and recreation outlets have picked up more quickly in Europe
Outside bars, retail and entertainment, employers remain reluctant to bring on new workers
The central bank will continue to buy US$120 billion in Treasury and mortgage bonds each month
Support will now also be offered to non-profits and endowments