The Federal Reserve Bank of Dallas president said systemic racism has held the U.S. economy back from reaching its full potential
Federal Reserve Bank of Dallas President Robert Kaplan said Sunday that systemic racism has held the U.S. economy back from reaching its full potential.
“A more inclusive economy where everyone has opportunity will mean faster workforce growth, faster productivity growth, and we’ll grow faster,” Mr. Kaplan said in the transcript of an appearance on CBS’s “Face the Nation” news program. When it comes to addressing the headwind racism presents to growth, “we’re right to focus on this and bore in on this,” Mr. Kaplan said, adding...
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Systemic racism slows economic growth: Dallas Fed chief KaplanSystemic racism and high unemployment levels among black and Hispanic Americans create a drag on the U.S. economy, Dallas Federal Reserve President Robert Kaplan said on Sunday.
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U.S. economy will start to rebound in second half of 2020, Fed's Kaplan saysThe U.S. economy will experience a 'significant, historic' contraction in the second quarter before it starts to rebound, and unemployment will remain elevated at the end of 2020, Dallas Federal Reserve President Robert Kaplan said on Monday.
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Fed’s Kaplan worries economy’s recovery may be slowed if coronavirus health practices remain ‘uneven’Dallas Fed President Robert Kaplan said Sunday health-care procedures to combat the coronavirus were just as important as government funding for the nascent economic recovery and, to date, these efforts to reduce coronavirus infections have been “uneven.”
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Systemic racism slows economic growth: Dallas Fed chief KaplanSystemic racism and high unemployment levels among black and Hispanic Americans create a drag on the U.S. economy, Dallas Federal Reserve President Robert Kaplan said on Sunday.
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U.S. economy will start to rebound in second half of 2020, Fed's Kaplan saysThe U.S. economy will experience a 'significant, historic' contraction in the second quarter before it starts to rebound, and unemployment will remain elevated at the end of 2020, Dallas Federal Reserve President Robert Kaplan said on Monday.
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U.N. rights body to examine 'systemic' U.S. racism and police brutalityThe top U.N. human rights body will hold an urgent debate on allegations of 'systemic racism, police brutality and violence against peaceful protests' in the United States on Wednesday, a statement said.
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