Headline Details

Fed's Powell: U.S. may be in recession, control of virus to dictate timing of economy reopening

Published on: Thu, 26 Mar 2020 11:42:44 UTC
News Agency: Reuters
Description:
The U.S. "may well be in recession" but progress in controlling the spread of the coronavirus will dictate when the economy can fully reopen, Federal Reserve chair Jerome Powell said Thursday in an interview on NBC's Today Show.

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