Dovish Fed Warned that Recovery Path Dependent on Virus, Pledged to Add More Stimulus when Needed

<p>The Fed sent a more dovish message at the July meeting, although the monetary policy, as well as the accompanying statement, stayed largely unchanged. Despite improvement of data flow, the members warned that the pace of recovery is depending on the developments of coronavirus pandemic. Fed Chair Jerome Powell at the press conference also reiterated [&#8230;]</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/central-bank-analysis/314907-dovish-fed-warned-that-recovery-path-dependent-on-virus-pledged-to-add-more-stimulus-when-needed/">Dovish Fed Warned that Recovery Path Dependent on Virus, Pledged to Add More Stimulus when Needed</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>