(ANSA) - NEW YORK, JULY 29 - Coronavirus poses considerable risk to the economy. The Fed said this after the two-day meeting. The recovery trajectory will depend significantly on the evolution of the virus, states the Fed. Interest rates have remained unchanged. The cost of money stops in a fork between 0 and 0.25%. . The decline in second-quarter GDP is the biggest in history, said FedJerome Powell. (HANDLE).
Fed: from Covid-19 risks, recovery depends on viruses
2020-07-29T18:55:21.013Z
Coronavirus poses considerable risks to the economy. The Fed said this after the two-day meeting. The recovery trajectory will depend significantly on the evolution of the virus, states the Fed. (ANSA)