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‘I had hoped the virus would be contained in China’: An inside look at the Fed’s historic fight to save the U.S. economy

By Ilene
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Study: Restrained memory CD8+ T cell responses favors viral persistence and elevated IgG responses in patients with severe Long COVID. Image Credit: Lightspring / Shutterstock

‘I had hoped the virus would be contained in China’: An inside look at the Fed’s historic fight to save the U.S. economy

By Jeffry Bartash, MarketWatch 

From Super Bowl banter to coronavirus fears, new 2020 transcripts detail the Fed’s pandemic response

Federal Reserve Chair Jerome Powell (left) and then-Treasury Secretary Janet Yellen, seen here in 2021, had their hands full during the COVID-19 pandemic.

Senior Federal Reserve officials were in a good mood in early 2020: The U.S. economy was humming, inflation was low, and the Kansas City Chiefs were preparing to play in their first Super Bowl in 49 years.

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