Headline Details

'W-shaped' recovery may be too optimistic, Fed's Powell suggests

Published on: Thu, 30 Apr 2020 10:02:55 UTC
News Agency: Reuters
Description:
Federal Reserve Chair Jerome Powell has sketched out an altogether bumpier ride for the U.S. economy than many are predicting - one that sees business activity stop and start for months to come, until an effective treatment or vaccine for the novel coronavirus can be found.

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