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Fed’s Kashkari Says Worst Is Yet to Come, Congress Must Step Up

Americans should brace for even more gut-wrenching news on unemployment amid the coronavirus pandemic, and Congress should consider providing...

“The worst is yet to come on the job front, unfortunately,” he said Sunday on ABC’s “This Week,” describing the situation after data on Friday showed the…

  • Alister Bull
  • Bloomberg

“It’s really around 23, 24% of people who are out of work today, and if this is a gradual recovery the way I think it’s going to be, those folks are going to…

The Fed has slashed interest rates to nearly zero and unveiled a raft of emergency lending programs to keep credit flowing in the economy, backed by taxpayer money from a…

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