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Instant view: Powell: Brace for ‘extended period’ of economic woe

Federal Reserve Chair Jerome Powell, in a sober review of where the U.S. economy stands on the cusp of its reopening, said on Wednesday the country could face an “extended period” of weak growth and stagnant incomes, pledged to use more Fed power as needed, and issued a call for more fiscal spending.

    

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Peter Zirbes, ESQ. A Full Service Law Office 718 544 6300