Powell: Congress and Fed both need to 'stay with it' to bolster recovery

by Aurelia Butler 23 September 2020, 16:30 159 Views

Despite progress in rebounding from the coronavirus economic downturn, “there is a long way to go,” with millions still jobless compared to where the economy was in February, he said.

“We need to stay with it … The recovery will go faster if there is support coming both from Congress and the Fed.”

Source: Economy - investing.com

Fed's Evans says he doesn't fear 2.5% inflation, or even above

Watch live — Fed's Neel Kashkari speaks at Harvard on coronavirus and the economy

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Powell: Congress and Fed both need to 'stay with it' to bolster recovery

Fed's Evans says he doesn't fear 2.5% inflation, or even above

Watch live — Fed's Neel Kashkari speaks at Harvard on coronavirus and the economy

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