With COVID-19 threatening a long recession and weak recovery, Fed’s Powell vows to use tools to fullest to avoid pain
Paul Davidson, USA TODAYComments Off on With COVID-19 threatening a long recession and weak recovery, Fed’s Powell vows to use tools to fullest to avoid pain
Fed Chair Powell cited the risk the coronavirus could mean 'a prolonged recession and weak recovery.' He said Fed will use its tools "to the fullest."