The Finance 202: Fed s Powell warns Washington will remain on economic clean-up duty for foreseeable future Tory Newmyer
with Brent D. Griffiths Jerome H. Powell has spent months all but skywriting over the Capitol that lawmakers should provide more emergency economic relief. Now, with Congress moving forward with a roughly $900 billion aid package and the vaccines that should eventually end the coronavirus pandemic rolling out across the country, the Federal Reserve chair has an updated message:
This is no time for Washington to ease up. “Getting through the next four, five, six months, that is key,” Powell said at a news conference after the central bank’s last policy meeting of the year.