LORETTA MESTER CALLS ON CONGRESS FOR MORE HELP ON THE CORONAVIRUS PANDEMIC

Highlights

• The rise in cases has increased dangers to the economy
• On an annualized basis, it slumped nearly 33% in the second quarter

On Wednesday, Loretta Mester called for more help from Congress. She said that the central bank stands at the ready position. It is to provide whatever resources the economy requires. It is because the economy is at risk of rising coronavirus cases.....