Despite the havoc being wreaked on the world by the coronavirus outbreak, Federal Reserve Chair Jerome Powell said Thursday he expects a "robust" economic recovery once the spread of the virus is under control.
Powell noted in an online speech sponsored by the Brookings Institution that the Fed will continue to do all it can to shepherd the economy through this difficult time.
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Forex News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.