Home Medical stocks Dow Edges Higher as Fed’s Powell Seeks Support From Congress

Dow Edges Higher as Fed’s Powell Seeks Support From Congress

43
0

Stocks traded mixed Tuesday after Federal Reserve Chairman Jerome Powell said the U.S. recovery would be weak without additional fiscal support from the government.

“Too little support would lead to a weak recovery, creating unnecessary hardship for households and businesses,” Powell said in a virtual speech hosted by the National Association for Business Economics. “By contrast, the risks of overdoing it seem, for now, to be smaller. Even if policy actions ultimately prove to be greater than needed, they will not go to waste.”

https://www.thestreet.com/markets/stock-market-dow-jones-industrial-average-trump-federal-reserve-100620
https://www.thestreet.com/markets/stock-market-dow-jones-industrial-average-trump-federal-reserve-100620

This site uses Akismet to reduce spam. Learn how your comment data is processed.