Powell: Focused on getting back to strong labor market

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Fed Chair Powell breaks down the differences between the coronavirus crisis and the 2008 financial crisis: 'This time, both fiscal and monetary authorities responded very quickly and very powerfully and in a sustained way.'

 

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27T in debt is NOT sustainable.

Thank you President Trump.

this is terrible news

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Jobless Claims Fall Slightly After Fed’s Powell Says Labor Market Damage Is ‘Dramatically Understated’Another 793,000 Americans filed new claims last week. Covid has been a national disaster. American entrepreneurs and financial policy makers will use creativity to go forward more rapidly than anticipated. Mental health and social support also will be critical to help alleviate the resultant pain of Americans.
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