U.S. ECONOMY NEEDS A STRONG STIMULUS SAYS JEROME POWELL

Highlights

• Powell urged the U.S. Senate to pass a robust stimulus and said that coming up with inadequate support would weaken the recovery from the coronavirus recession while overdoing would only strengthen the rebound

• Speaking at a virtual annual meeting organised by the National Association for Business Economics, Powell said too little support would lead to a weak recovery, creating unnecessary hardship f....