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05 December 2020

'Control the Pandemic' - Fed Chair Jerome Powell Predicts the Entry of a 'Different Economy' | Bitcoin News

'Control the Pandemic' - Fed Chair Jerome Powell Predicts the Entry of a 'Different Economy' | Bitcoin News


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'Control the Pandemic' - Fed Chair Jerome Powell Predicts the Entry of a 'Different Economy'.

Federal Reserve Chair Jerome Powell told participants at the Bay Area Council Business Hall of Fame Awards Ceremony on Tuesday that the economy will never be the same after Covid-19.

This week the Federal Reserve Chair, Jerome Powell spoke about the economy and how he thinks things will be quite different going forward.

The Fed Chair noted at the time that the central bank will let inflation run hotter than usual and Powell mentioned it may be “moderately above 2%.” In San Francisco at the Bay Area Council virtual meeting, Powell said the way the economy was in the past will never re-materialize.

When the Fed Chair Jerome Powell discussed how the economy will never be the same on Tuesday, he also said more stimulus will be needed.

What do you think about the Fed Chair Jerome Powell saying we’re going back to a different economy

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