19-08-2020 21:35 via uk.finance.yahoo.com

Several Fed policymakers see more easing ahead to help brace U.S. economy

The Fed has already slashed interest rates to zero and bought trillions of dollars of bonds in response to the economic crisis spurred by virus, moves which have provided a boost to jobs and spending.Since last month, the number of new daily coronavirus infections has dropped, but is still averaging around 50,000, slowing business reopenings and, in some parts of the country, forcing schools to delay, reverse, or abandon plans to conduct in-person classes.Policymakers last month discussed a rang
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