Powell: Fed aims to ensure strong recovery, limit damage

Powell: Fed aims to ensure strong recovery, limit damage

Added at 1:33pm

Added at 1:35pm

Fed Chair Powell:

-Higher food prices have added to burdens for those struggling with lost income

-Overall inflation is running well below symmetric 2% objective

-Sees signs that rising new virus cases is weighing on the economy

-Economic outlook extraordinarily uncertain
— DailyFX Team Live (@DailyFXTeam) July 29, 2020

Added at 1:38pm

Fed Chair Powell:

-Path for economy depends on actions at all levels of government

-Fed committed to using full range of tools

-Preserving flow of credit is essential for mitigating damage to the economy

-Full economic recovery unlikely until people feel safe
— DailyFX Team Live (@DailyFXTeam) July 29, 2020

Added at 1:40pm

Fed Chair Powell:

-Echoes that the Federal Reserve can only make loans, not grants

-Direct fiscal support may be needed
— DailyFX Team Live (@DailyFXTeam) July 29, 2020

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fxsport

Jul 29, 2020 3:20pm

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Quoting GillyFX

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GillyFX - YOU are a RACIST. How DARE you call that physician a Voodoo woman.
1. She has more degrees than you do
2. She speaks the truth; there are MORE studies on hydroxychloroquine that demonstrate it is effective than those that don't. In fact the one study that you leftist racists love to quote was shown to be FAKE, totally doctored
3. You make comments about the POTUS in such a disrespectful manner because you only believe in free speech if it agrees with your distorted and twisted view. If you can't make an intelligent, rationale argument then you just dismiss and belittle; such are the hallmarks of a warped mind.

Quoting GillyFX

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How more racist can a person be? Personally I hope you crawl back into your hole for another 2-3 months with the other liberal idiots that only complain, destroy and bitch.

Maxthetrader

Jul 29, 2020 3:02pm

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Quoting GillyFX

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Smart people don't listen to the haters. Your whole post is based on hatred. That's what makes your post just as worthless as you! Maybe you should tune out liar leftie Jethro propaganda monkey TV and learn about the truth....You'll never find any truth in leftie imbecile circles!!!