Fiscal Support can Help US Business & Households Amid Downturn: Fed’s Chair

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Washington, Jan 27 (AFP/APP): Additional fiscal support can help keep US businesses and consumers afloat during the Covid-19 pandemic and aid their recovery, Fed Chair Jerome Powell said on Wednesday.

“Support from fiscal policy will help households and businesses weather the downturn as well as limit lasting damage to the economy that could impede the recovery,” the central bank chief said.

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