• Fed's Chairman Powell Q&A: Path of economy will depend on COVID-19

Notícias do Mercado

9 abril 2020

Fed's Chairman Powell Q&A: Path of economy will depend on COVID-19

  • Sees Q2 GDP to be very weak
  • Expects recovery in the second half of the year
  • Says inflation is not "first-order concern" for Fed right now
  • Many people need direct fiscal support
  • Does not believe banks need to suspend dividends

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