Fed chair Powell: Economy may need 'more support' for robust recovery - Business Insider

"It may well be the case that the economy will need more support from all of us if the recovery is to be a robust one," Fed Chair Jerome Powell said.

"We will continue to use our tools to ensure that the recovery, when it comes, will be as robust as possible." Gross domestic product declined at a 4.8% annualized rate in the first quarter, ending the longest expansion in U.S. history, the Commerce Department reported earlier on Wednesday. "The more significant comment is that the FOMC is concerned about the downside risk to the economic outlook over the medium term, suggesting they will remain extraordinarily accommodative in policy for several years to come," said Guy LeBas, chief fixed income strategist at Janney Montgomery Scott in Philadelphia.

I can hear the money printer go brrr

How much more support? You have been in emergency mode since 2008 and doing nothing but lying to us.

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