Fed's Powell says US economy may need more policy help to avoid 'prolonged recession' | Fox Business

Fed's Powell says US economy may need more policy help to avoid 'prolonged recession' | Fox Business

RECESSION WARNING

BREAKING NEWS

ECONOMY

Fed's Powell: Lawmakers may need to do more to avoid 'lasting' economic pain

“Deeper and longer recessions can leave behind lasting damage to the productive capacity of the economy,” Powell said.