A trader passes a hand sanitizing station on the floor of the New York Stock Exchange, Tuesday, March 3, 2020. Federal Reserve Chairman Jerome Powell noted that the coronavirus "poses evolving risks to economic activity." (AP Photo/Richard Drew)
March 3, 2020
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March 3, 2020 9:01 p.m.
Fed's Powell faces a puzzling crisis with no simple solution
WASHINGTON (AP) — Jerome Powell is confronting his stiffest test yet as head of the Federal Reserve in an atmosphere vastly altered from what his predecessors faced. It makes an uncertain situation even more challenging.