Powell reiterates Fed to use full range of tools to aid economy

Powell reiterates Fed to use full range of tools to aid economy

Channel NewsAsia - World·2020-06-18 00:47

NEW YORK: With a full US economic recovery out of reach until the coronavirus pandemic is brought to heel, the Federal Reserve will use its "full range of tools" to cushion households and businesses, Fed Chair Jerome Powell told lawmakers on Wednesday (Jun 17).

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