Fabulous Fed

In Fed Chairman Jay Powell’s press conference last week he put down several critical markers. First, rates are low and will stay low for a long time! Second, the Fed will make purchases as large as necessary to keep markets functioning! Third, he delicately implored the administration to have a thoughtful plan prior to re-opening the economy for business, to best avoid a Covid-19 reoccurrence. The Fed is all in! 

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