•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)
HERE TO PROVE ANYTHING CAN HAPPEN: Meme Coins Explained: Hype, Risk, and Profit!
Finbold 14 hours ago Search inside image Dogecoin Whales move funds into this emerging AI Altcoin Expecting a 9,303% rally by January 202...
-
WEAPONS OF WAR FOR DEFENSE: Foreign Military Sale (FMS) facilitated by the United States government.Are wars just ways to stimulate an economy by arms production? Nov 21 Breaking News: Romania Confirms Intent to Purchase 32 F-35 Lightni...
-
PLEASE NOTE: BleepingComputer has contacted Maxar Technologies to ask about the possibility of confidential technology data exposure and a ...
No comments:
Post a Comment