Fed Chairman Says Lending Won't Run Out

Federal Reserve Chairman Jerome Powell made a rare appearance on national TV Thursday morning, telling NBC’s “Today” that the central bank still has plenty of tools left to support a U.S. economy that may already be in recession amid the novel coronavirus pandemic.

“When it comes to this lending we’re not going to run out of ammunition, that doesn’t happen,” Powell said. Read More…

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Fed Chairman Says Lending Won’t Run Out