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Jermone Powell

COVID-19

What can the Federal Reserve do to help the economy?

by Mitchell Hartman
May 20, 2020
The central bank is already buying bonds to keep money flowing, but it has a few more tools in its kit.
Federal Reserve Chairman Jerome Powell testifies before Congress in 2018. Powell has been urging Congress to provide more fiscal support during the pandemic.
Chip Somodevilla/Getty Images
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