Fed Chief Says More Relief Spending May Be ‘Costly, But Worth It’

Posted by on May 13, 2020 11:04 am
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Categories: US National Stories

Federal Reserve Chairman Jerome Powell said the economy should recover once the coronavirus is under control. But he cautioned that without more help, many small businesses may not survive that long.

Jerome Powell said the economy should recover once the coronavirus is under control. But the central bank chief cautioned that without more help, many small businesses may not survive that long.

(Image credit: Jacquelyn Martin/AP)

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