Fed’s Powell: Congress, President Must Step Up Fiscal Aid

Federal Reserve policymakers were out on the hustings last week, and they continued to emphasize more aid may be needed on the fiscal front, especially in terms of credit to small firms and people most affected.

Thursday, at an online Brookings Institution forum, Fed Chairman Jerome Powell said, “We will continue to use these powers forcefully, proactively, and aggressively until we are confident that we are solidly on the road to recovery.” Additionally, he repeated his call on Congre...

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