The Fed is on ‘wartime’ footing and still may be asked to do more

Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in an emergency move designed to shield the world’s largest economy from the impact of the coronavirus, during a news conference in Washington, March 3, 2020.

Kevin Lamarque | Reuters

With a series of moves that take it still deeper into uncharted waters, the Federal Reserve has shown…

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