WASHINGTON, Sept. 24 (Xinhua) -- U.S. Federal Reserve Chairman Jerome Powell said on Thursday that the lack of further fiscal support would pose a downside risk to the U.S. economy, which is recovering from the COVID-19 induced recession.
"While the economy has been doing better than expected, I think there's downside risk to that if there is no further fiscal support," Powell said at a hearing before the Senate Banking Committee.
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