Fed Chair Powell: Recovery can be ‘robust’ once COVID-19 is contained

Federal Reserve Chairman Jerome Powell said Thursday that the economic recovery following the COVID-19 coronavirus-induced shutdown “can be robust.”
Jeff Cox for CNBC:Powell spoke during a webinar for the Brookings Institution the same morning that the Fed announced a new $2.3 trillion financing initiative directed at small and larger businesses as well as households and state and local governments.
“At the Fed, we are doing all we can to help shepherd the economy through this