Headlines May 3

Fed's Powell: Long-standing disparities weigh on the productive capacity of the US economy.

The economy is improving, but it is taking longer for lower-paid workers.

Fed's Williams: Inflation is likely to settle at 2% next year, but it may overshoot that target this year.

US Secretary of State Blinken on China: We require an optimistic future outlook that brings countries together with a shared goal.
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New York Governor Cuomo: New York state will reopen on May 19th.