Fed Chair Powell: 'We All Want to Avoid a False Start' - The Mortgage Leader

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Fed Chair Powell: 'We All Want to Avoid a False Start'

Thursday, Apr 16 2020

Written by Chris Frankie

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Federal Reserve Chair Jerome Powell has urged caution about prematurely reopening the economy in the face of the COVID-19 pandemic. So reports NBC News.

In an April 9 speech, Powell said that “we all want to avoid a false start.”

The central bank also unveiled a new $2.3 trillion set of emergency initiatives.

Read the full article from NBC News.

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