Powell to Address Dire Outlook Amid Bets on Negative Rates
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

Powell to Address Dire Outlook Amid Bets on Negative Rates

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(Bloomberg) -- Jerome Powell and his Federal Reserve colleagues are staring down the possibility of mass bankruptcies and long-lasting unemployment unless there’s a more concerted government effort...