Tag: Powell

Fed Chair Powell Holding on Tight, All in for Duration

The Federal Open Market Committee, echoed by Federal Reserve Chair Jay Powell, Wednesday signalled only firm determination to fight the damage from the economic shutdown, whatever it takes, reassuring the markets, Wall Street and Main Street it’s “not going to run out of money.” Powell, in his post-FOMC meeting news conference, acknowledged that the economic […]

Gruesome Virus Developments Hardly News Any More

Virus infection cases kept multiplying in the US Thursday, death tolls kept going up, more governors and mayors ignored President Trump’s dream of packed churches on Easter and the US kept mostly ignoring the kind of contact tracing that slowed the virus to a crawl elsewhere. By one count, the US number of infection cases […]