Federal Reserve Predicts A Slow Recovery With Unemployment At 9.3% By The End Of 2020

Federal Reserve leaders predict a slow recovery for the U.S. economy, with unemployment falling to 9.3 percent by the end of this year and to 6.5 percent by the end of 2021, after millions of Americans lost their jobs in the stunning recession caused by the coronavirus outbreak. Fed Chair Jerome H. Powell stressed Wednesday that the economy is likely to need aid…