The Fed Has Plenty of Ammunition Left for Coronavirus
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

The Fed Has Plenty of Ammunition Left for Coronavirus

(Bloomberg Opinion) -- Federal Reserve chairman Jay Powell and his colleagues made the right call in cutting the federal funds rate by 50 basis points. They knew full well what the naysayers would ...
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