US Fed's Powell: Will keep lending 'aggressively' to support economy
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<p>US Federal Reserve Chairman Jerome Powell said the US central bank will continue to "aggressively" pump liquidity into the US economy to weather the impact of the coronavirus pandemic.</p><p><img src="https://imedia-peoplesdaily.pdnews.cn/20200326/d8b780ff9dc8439da4e020548edc8846.jpeg" title="" alt="56dd387eaa764cdda64c395ec20ace42.jpeg"/></p><p><span style="color: rgb(127, 127, 127);">US Federal Reserve Chair Jerome Powell speaks during a news conference, Tuesday, March 3, 2020, to discuss an announcement from the Federal Open Market Committee, in Washington. (Photo: AP)</span></p><p>He acknowledged that the economy will see a sharp downturn but the Fed aims to ensure a recovery by providing credit, and "We will keep doing that aggressively."</p><p>"When it comes to this lending, we're not going to run out of ammunition. That doesn't happen," Powell said on NBC.</p>