Powell Says Fed Will Use Powers Forcefully to Combat Virus Impact

The video addresses the severe economic impact of the COVID-19 pandemic, highlighting the rise in unemployment and the downturn in various sectors. It outlines the Federal Reserve's response, including lowering interest rates and purchasing securities to stabilize financial markets. The video also discusses emergency lending programs and the importance of maintaining credit flow to support recovery efforts.

What challenges do families face without access to credit during the economic disruptions?

In what ways can direct fiscal support make a difference during the economic downturn?

How can the recovery be made as robust as possible once the virus is under control?