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edicts a slow recovery with unemployment at 9.3 percent by the end of 2020. The Fed projects the rate will drop to 6.5 percent by the end of 2021, Heather Long reports. "Chair Jerome H. Powell stressed Wednesday that more aid from Congress and the central bank is likely to be needed, especially since a sub
l resources and forcing the state's top medical official to reissue a March order urging all hospitals to activate emergency plans," Chelsea Janes, Isaac Stanley-Becker and Rachel Weiner report. "'Worse times are ahead,' said Joe Gerald, an associate professor and public health researcher at the University of Arizo
e Powell has two messages for Congress this morning: Central bank independence is critical, and an interest-rate cut is likely at the end of July. Heather Long got a first look at his prepared testimony before the House Financial Services Committee: "Since [June], it appears that uncertainties around trad
peech in 2015, and Apple, which he urged to release the cellphone information of the perpetrators of the 2015 shooting in San Bernardino, Calif.," Isaac Stanley-Becker recalls. "Last year, he celebrated plans to boycott Harley-Davidson when the motorcycle company said it would move some production overseas becaus
me Powell has two messages for Congress this morning: Central bank independence is critical, and an interest-rate cut is likely at the end of July. Heather Long got a first look at his prepared testimony before the House Financial Services Committee: "Since [June], it appears that uncertainties around trade
speech in 2015, and Apple, which he urged to release the cellphone information of the perpetrators of the 2015 shooting in San Bernardino, Calif.," Isaac Stanley-Becker recalls. "Last year, he celebrated plans to boycott Harley-Davidson when the motorcycle company said it would move some production overseas becaus
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