May 14, 2020 21:51 Asia/Tehran [Updated: May 14, 2020 22:01 Asia/Tehran]
  • Fed chair warns of long downturn without more aid
    Fed chair warns of long downturn without more aid

Federal Reserve Chair Jerome H. Powell gave a dire warning Wednesday that the U.S. economy could become stuck in a painful multiyear recession if Congress and the White House do not authorize more aid to address the coronavirus pandemic’s economic fallout. 214/219

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