The reopening of the US economy is a judgement that has to be made by health officials, FOMC Chairman Jerome Powell said during the Q&A session of an online event hosted by the Brookings Institution on Thursday. Key quotes “Will be in no hurry to pull back on asset purchases or programs.” “The economy has to be on solid footing before the Fed pulls back on emergency programs.” “The Fed thinks monetary policy is in the right place at the moment.” “The Fed’s focus for the next few months is on lending programs.” “The Fed’s lending programs are broad, the Fed does not pick and choose borrowers.” “Don’t know if there will be longer-run changes in US consumer behaviour.” “If the US government continues to provide support, people stay home until appropriate, there is every reason to think we can be back on the road to recovery fairly quickly.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Saudi Arabia and Russia have a deal on deep oil output cuts – Reuters FX Street 2 years The reopening of the US economy is a judgement that has to be made by health officials, FOMC Chairman Jerome Powell said during the Q&A session of an online event hosted by the Brookings Institution on Thursday. Key quotes "Will be in no hurry to pull back on asset purchases or programs." "The economy has to be on solid footing before the Fed pulls back on emergency programs." "The Fed thinks monetary policy is in the right place at the moment." "The Fed's focus for the next few months is on lending programs." "The Fed's lending programs are broad, the Fed does not… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
