Powell warns long downturn would mean severe damage
Published
Federal Reserve Chairman Jerome Powell warned Tuesday that the U.S. economy faces a deep downturn with "significant uncertainty" about the timing and strength of a recovery. (June 16)
Published
Federal Reserve Chairman Jerome Powell warned Tuesday that the U.S. economy faces a deep downturn with "significant uncertainty" about the timing and strength of a recovery. (June 16)
· *Federal Reserve Chairman Jerome Powell said Tuesday that the US is nearing the end of its shutdown phase and beginning to..
· The black unemployment rate stood at 16.7% as of May, holding constant from the previous month.
· The level of..
· The Commerce Department released data showing that household incomes rose in April as a result of government aid, combined with..