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⏲ Duration: 2 min 86 sec
✓ Published: 19-Jun-2020
✓ Published: 19-Jun-2020
Description:
Optimism took hold of the financial markets as there were several positive developments in the battle against COVID-19 and in the economy. Federal Reserve chairman Jerome Powell testified to Congress and emphasized how much the Fed will support the economy’s rebound. Those factors countered continued mass protests in the streets about police violence and a sharp rise in coronavirus cases in many southern states. nnThe number of Americans filing for unemployment rose by another 1.5 million, bri
Optimism took hold of the financial markets as there were several positive developments in the battle against COVID-19 and in the economy. Federal Reserve chairman Jerome Powell testified to Congress and emphasized how much the Fed will support the economy’s rebound. Those factors countered continued mass protests in the streets about police violence and a sharp rise in coronavirus cases in many southern states. nnThe number of Americans filing for unemployment rose by another 1.5 million, bri
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