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“I am concerned about the reproliferation tax of Crown 19 in the United States and Europe … I have to wear a mask”
“The results of the presidential elections are not mentioned at all in the FOMC”
▲ Jerome Powell, president of the United States Federal Reserve System (Fed), testifies at a hearing on Capitol Hill in Washington, DC on September 24 (local time). President Powell said at a press conference after the Federal Open Market Committee (FOMC) on the 5th, “We need additional support through monetary and fiscal policy.” Washington DC / Reuters Yonhap News
Jerome Powell, chairman of the Federal Reserve System (Fed), called for increased fiscal and monetary policy to boost the economy. He recommended wearing a mask, saying that the reappearance of the new coronavirus infection (Corona 19) is serious.
According to the New York Times (NYT) on the 5th (local time), President Powell held a press conference after the regular meeting of the Federal Open Market Committee (FOMC) and said: “The current economic recession is the lowest level. grave of our lives. ” I think additional policy support is needed. “” The spread of the virus and concerns about household savings running out are two major threats to the current economy, “he said.” If we can get some financial support, a stronger recovery will be possible. “
He replied, “No” and “I think there are more things I can do,” he said. He added that “the bullets are not running out” and “the bond purchase program can be adjusted.”
President Powell also warned against the reappearance of Corona 19. “I am particularly concerned about the reproliferation of Corona 19 in the US and Europe,” he said. “The economic outlook during the pandemic period is very uncertain, so whether or not the Corona 19 spread is maintained will greatly influence the economic recovery.” “We all have an obligation to participate in the COVID-19 quarantine,” he urged. “If we follow the expert’s advice to maintain proper social distancing and wear masks in public places, it will help economic recovery.”
President Powell distanced himself from the results of the current presidential elections. When asked at a press conference, “if there was any mention of uncertain presidential outcomes in the policy discussion process,” he said, “I know the election results are coming out one after another.” Not once, ”he repeatedly emphasized.
