Dow drops 517 points after Fed's Powell warns of permanent economic damage without more stimulus

Dow drops 517 points after Fed's Powell warns of permanent economic damage without more stimulus

Business Insider

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· *US stocks fell on Wednesday after Federal Reserve Chair Jerome Powell said a bumpy recovery is in store for the US economy.*
· *Powell also said that "additional fiscal support could be costly, but worth it."*
· *Despite "timely and appropriately large" relief policy, the economy's future "is both highly uncertain and...

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