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Economy

Fed wrestles with its next moves as virus stalls US economy

Updated : July 29, 2020 01:51 PM IST

At his news conference Wednesday, Powell is likely to call for Congress to continue providing stimulus for the economy, as he has done before.
The number of people applying for unemployment benefits has exceeded 1 million for 18 straight weeks.
Fed wrestles with its next moves as virus stalls US economy

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