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Federal Reserve Bank Of Richmond

10:31 a.m. Aug. 11, 2020 - By Jeffry Bartash
Fed’s Barkin says economy could suffer relapse without more Washington stimulus Chorus of Federal Reserve officials urge additional pandemic aidA recession of ‘historic proportions’ could take another turn for the worse if a stalemated Congress fails to provide more financial aid to beleaguered workers and businesses hammered by the coronavirus pandemic, the president of the Richmond Federal Reserve warned
12:35 p.m. July 7, 2020 - By Joy Wiltermuth
Dow ends nearly 400 points lower, U.S. stocks swoon, on doubts of quick economic recovery Trump starts process for U.S. to quit World Health OrganizationU.S. stocks on Tuesday tumbled in the final hour of trade, ending a 5-day win streak for the S&P 500, as investors grew more wary of the economic, public-health and policy response to the coronavirus pandemic.
12:11 p.m. July 7, 2020 - By Jeffry Bartash
Federal Reserve leaders see ‘bumpier’ recovery, slower decline in unemployment Rash of new coronavirus cases imperils fragile economic recoverySenior Federal Reserve leaders say high unemployment is all but certain to persist until a treatment for the coronavirus is found and that the central bank might have to take more steps to help the labor market.
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