From the Document: "Three crises--health, economic, and social--are converging into one difficult moment in American history. Everyone has been affected, but the highest costs are falling on those least prepared to bear them. The path forward will require investments in 'opportunity infrastructure' that maximize individual potential, reduce inequities, and lay the foundation for long-term economic growth. The following is adapted from a presentation by the president and CEO of the Federal Reserve Bank of San Francisco to the National Press Club, Washington, DC, on Monday, June 15."
FRBSF Economic Letter 2020-15; Federal Reserve Bank of San Francisco Economic Letter 2020-15
Federal Reserve Bank of San Francisco
Federal Reserve Bank of San Francisco: https://www.frbsf.org/