Powell: Fed committed to use full range of tools as part of broader public-sector response to coronavirus

<p>Fed Chair Jerome Powell will testify to the Congress on coronavirus and CARES act today. In pre-released opening remarks, He reiterated that Fed is “committed to using our full range of tools to support the economy”. Fed’s actions are “only a part of a broader public-sector response”. After lowering interest rate to near zero in […]</p>
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