Not long ago, anticipation was high that Federal Reserve Chair Jerome Powell might begin to sketch out a plan this week for the Fed to start pulling back on its support for an economy that has been strengthening. That was before COVID19 cases began accelerating across the country. Now, the decision of how the Fed should dial back its help for the economy has become a more complicated one. Yet in outlining his view of the economy and the threats it faces at a highprofile speech Friday, Powell may provide important clues to the timing of changes in the Feds ultralowinterest rate policies
from Top Business News- News18.com https://ift.tt/2UT7rzC
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