Reuters Insider - Fed's Powell warns economic recovery will be slow

Federal

13/05/2020 19:35

Click the following link to watch video: https://share.insider.thomsonreuters.com/link?entryId=0_nwal90g3&referenceId=tag:reuters.com,2020:newsml_OVCDRSFIJ_930&pageId=ReutersNews
Source: Reuters Insider

Description: Federal Reserve Chair Jerome Powell, in a sober review of where
the U.S. economy stands on the cusp of its reopening, warned on Wednesday of
an "extended period" of weak growth and stagnant incomes, pledged to use more
of the central bank's power as needed, and issued a call for additional fiscal
spending. Conway G. Gittens has more.
Short Link: https://refini.tv/2SYtsJ2

Video Transcript:

Verified transcript not available