The FED has a gloomy forecast

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The Federal Reserve held a meeting on Wednesday to tell us what we already know: Increased spread of COVID in America is hurting the economy.

Fed Chair Jerome H Powell said a lot of other things but that was really all you need to know. They don’t want to mess with rates, they are just as scared as the rest of us, and they understand that there is no economic recovery without an end to the pandemic.

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