Headline Details

Fed Will Provide Nearly Unlimited Lending, Chair Powell Says

Published on: Thu, 26 Mar 2020 12:41:01 UTC
News Agency: Times
Description:
(WASHINGTON) — Jerome Powell says the Federal Reserve would provide essentially unlimited lending to support the economy as long as it is damaged by the viral outbreak. In an interview Thursday morning on NBC’s “Today” show, the Fed chair said the bank’s efforts are focused on helping the economy recover quickly once the threat from…
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