good day the pandemic has complicated the fed’s task of determining when the economy is at “maximum employment” and when to raise interest rates jerome powell on friday reaffirmed the fed’s emerging plan to start reversing its easymoney policies later this year but he didn’t give a strong signal of when that would likely begin several fed officials have said they would favor beginning to taper bond purchases shortly after their september meeting if hiring remains strong looking ahead data due this week are expected to show china’s factory activity expanded at its slowest pace in 1½ years and unemployment in the