The Fed finds another kitchen sink to throw at us

This morning, Federal Reserve Chairman Jerome Powell will be speaking on the just-unveiled $2.3 trillion plan to get more money flowing throughout our shutdown economy. The Fed’s dual mandate is stable prices and full employment. This morning we learned that another 6 million people have filed for unemployment insurance last week, which is on top of the 10 million cumulative from the previous two weeks. Small and mi...

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source https://thereformedbroker.com/2020/04/09/the-fed-finds-another-kitchen-sink-to-throw-at-us/

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