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Perhaps if he’d played in a different erawith some sort of shot clock, Chamberlain might have completed his college career and rung up numbers that placed him No. 1 on this list and in the conversation for No. 1 in the game’s history. Jun 17, 2020 10:29 PM IST Jerome Powell repeats Fed to use full range of tools to aid economy The recession is hurting Americans unequally, taking the deepest toll on African Americans and other minorities, Powell said in prepared remarks for his testimony before the US House of Representatives Financial Services Committee.Jun 17, 2020 09:38 PM IST S 500, Dow Jones flat after three day rally Encouraging economic data and trillions of dollars in monetary and fiscal stimulus have propelled a rally in the Wall Street indexes from their late March trough.Jun 16, 2020 09:14 PM IST Jerome Powell warns that long downturn would mean severe damage Powell is delivering the first of two days of semi annual congressional testimony, on Tuesday to the Senate Banking Committee before addressing the House Financial Services Committee on Wednesday.Jun 12, 2020 10:50 PM IST Federal Reserve sees ‘persistent fragilities’ for households and businesses: Fed report In its twice annual Monetary Policy Report to US lawmakers, the Fed also reinforced expectations for a sharp decline in economic activity in the current quarter.Jun 10, 2020 11:43 PM IST Federal Reserve to keep buying bonds and sees no rate hike through 2022 The Fed has cut its benchmark short term rate to near zero. Keeping its rate ultra low for more than two more years could make it easier for consumers and businesses to borrow and spend enough to sustain an economy depressed by business shutdowns and high unemployment.May 30, 2020 12:25 PM IST Fed’s Jerome Powell fears second coronavirus wave, reiterates crisis fighting pledge The Fed has gone all out to steady financial markets since March, lowering borrowing costs and creating credit backstops for companies and local governments reeling from the economic fallout of lockdowns to stop the spread of the novel coronavirus.May 22, 2020 06:26 PM IST This is a ‘downturn without modern precedent’, says Federal Reserve Chairman Jerome Powell It’s impossible to guess what the trajectory for the economy will look like, a series of central bankers warned. That makes nimbleness keyMay 19, 2020 09:50 PM IST Fed, Treasury chiefs face heat over uneven US coronavirus response Powell and Mnuchin were testifying to the Senate Banking Committee as Congress considers whether to roll out trillions of dollars of additional aid to bolster an economy that was brought to a virtual standstill by lockdowns imposed in March and April.May 18, 2020 03:26 PM IST Federal Reserve says economic recovery may ‘stretch’ through end of 2021 Jerome H Powell, who heads the central bank, predicted a slow economic recovery and reiterated that policymakers may need to do moreMay 18, 2020 09:08 AM IST Jerome Powell: Recovery may begin by summer, will likely be slow He suggested that a full recovery won’t likely be possible before the arrival of a vaccine.

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