Fed's Powell: CARES Act 'critical' to support for economy

by Aurelia Butler 18 May 2020, 20:20 119 Views

Powell in the remarks repeats his pledge to keep interest rates near zero until the economy has weathered the crisis, and reviews Fed actions to date that he says have helped keep financial markets functioning smoothly.

SoftBank Loses Alibaba’s Jack Ma and Posts Worst Losses in History

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Fed's Powell: CARES Act 'critical' to support for economy

SoftBank Loses Alibaba’s Jack Ma and Posts Worst Losses in History

Jumping into the next cycle

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