Jerome Powell, Chairman of the Federal Reserve, sees a long battle ahead. With escalating unemployment and disrupted daily life, altered work habits, declining retail sales, looming bankruptcies and battered industries, Powell suspects that the $3 trillion in rescue money approved by Congress will fail to reverse “lasting damage” and spare a generation from employment challenges […]The post Federal Reserve Chairman Doubles Down on Battle to Boost Economy, Says US Will Dodge ‘Second Great Depression’ appeared first on The Daily Hodl.
