•Mar 26, 2020
Joining TODAY for a rare and exclusive live interview, Jerome Powell, chairman of the Federal Reserve, acknowledges that “we may very well be in a recession, but I would point to the difference between this and a normal recession.” He says “there is nothing fundamentally wrong with our economy” and that the Fed will “aggressively and forthrightly” replace normal lending channels for businesses that have temporarily closed due to the pandemic. He says “there can also be a good rebound” and that the Fed is working to “ensure that it is as vigorous as possible,” adding that “the virus is going to dictate the timetable.”
#TODAY #TodayShow #economy #recession #pandemic #JeromePowell #FederalReserve
» Subscribe to TODAY: http://on.today.com/SubscribeToTODAY
» Watch the latest from TODAY: http://bit.ly/LatestTODAY
Subscribe to:
Post Comments (Atom)
-
Russian Espionage Group Targets Ukrainian Military with Malware via Telegram thehackernews.com 37 minutes ago Search inside image The Hacker...
-
The January 2024 Chief Economists Outlook explores key trends in the economic environment, including the prospects for growth and inflatio...
No comments:
Post a Comment