- Fed's Chairman Powell: There are reasons to believe rebound can be robust when it comes
Market news
9 April 2020
Fed's Chairman Powell: There are reasons to believe rebound can be robust when it comes
- Market conditions generally improved after Fed actions
- Fed loans are secured and have expectation of prepayment
- Fed has lending, not spending power
- There will be entities that need direct fiscal support rather than a loan they would struggle to repay
- We are doing all we can to help shepherd economy through this difficult time
- We entered this turbulent period on a strong economic footing, and that should help support the recovery
- Unemployment likely to temporarily rise very high
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerOpen Demo Account & Personal Page