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Fed Chair Warns of Possible Long-term Damage to the Economy
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Author: Michael Stern

U.S. stocks ended down on Wednesday after Jay Powell, Chairman of the Federal Reserve, warned that the COVID-19 pandemic has the potential of causing long-term damage to the economy. Powell went on to say that the country may need to “deploy additional policy measures” as an effort to avoid a period of low growth and […]

14 May 2020