Powell warns of “lasting damage” without more aid May 13, 2020

from Marketplace· ·

Fed Chairman Jay Powell is live-streaming during this crisis like everyone else, and today he warned of a prolonged recession caused by the COVID-19 outbreak. Today we'll break down his remarks and what Congress might do about it. Plus: why home prices aren't falling and how children's TV changed America.



Fed Chairman Jay Powell is live-streaming during this crisis like everyone else, and today he warned of a prolonged recession caused by the COVID-19 outbreak. Today we'll break down his remarks and what Congress might do about it. Plus: why home prices aren't falling and how children's TV changed America.