• Fed's Chairman Powell: There are reasons to believe rebound can be robust when it comes

Notícias do Mercado

9 abril 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
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