You are here

Fed chief Jerome Powell fears second coronavirus wave, reiterates crisis-fighting pledge

rk_JeromePowell_300520.jpg
Federal Reserve chairman Jerome Powell on Friday said a potential surge in US coronavirus infections could derail the recovery from the deep downturn triggered by the pandemic, even as he reiterated the central bank's vow to keep fighting the crisis.

[WASHINGTON] Federal Reserve chairman Jerome Powell on Friday said a potential surge in US coronavirus infections could derail the recovery from the deep downturn triggered by the pandemic, even as he reiterated the central bank's vow to keep fighting the crisis.

The Fed has gone all out...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes