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2020-05-21T22:01:04.235Z
US President Donald Trump said the Federal Reserve has the means to support the economy.“We have a lot of ammunition left ... regarding the Fed,” he told reporters, RIA Novosti quoted him as saying. The president added that this is "unlimited ammunition", but he "will not be needed." Earlier, US Federal Reserve Chairman Jerome Powell said the current economic downturn caused by the coronavirus pandemic is unparalleled in modern American history. ...
“We have a lot of ammunition left ... regarding the Fed,” he told reporters, RIA Novosti quoted him as saying.
The president added that this is "unlimited ammunition", but he "will not be needed."
Earlier, US Federal Reserve Chairman Jerome Powell said the current economic downturn caused by the coronavirus pandemic is unparalleled in modern American history.
Source: russiart
