Jerome Powell actually said...

The current economic downturn is the most severe in our lifetimes, and more fiscal support is likely to be needed.

Powell emphasizes the severity of the economic downturn and the need for fiscal support.

09/22/2020

More Jerome Powell Quotes

climate change is going to be a very important issue for a long time, and it needs to be addressed principally by elected people because it ...

It is absolutely the case that Congress will need to authorize the Federal Reserve to issue a CBDC.

The financial impacts that result from the economic impacts of climate change and the transition to a lower carbon economy pose an emerging ...

we don't see it as at all appropriate for us to tell banks what legal businesses they can lend to; that is not our role.