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Fed Chief Jerome Powell won’t run out of rescue funds: “That doesn’t happen”

Julian Hebron

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When it comes to this lending we’re not going to run out of ammunition. That doesn’t happen.

– Fed chair Jay Powell reassuring markets that the Fed can be extremely aggressive with short-term bailouts to save the economy from coronavirus fallout.

This post originally appeared on The Basis Point: Fed Chief Jerome Powell won’t run out of rescue funds: “That doesn’t happen”

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