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Bitcoin Jumps 12% as Fed Keeps Money Flowing and US Economy Shrinks

"It's clear that the effects on the economy are severe," said Federal Reserve Chair Jerome Powell. "We won't run out of money. It's an unlimited pot."

Updated Sep 14, 2021, 8:34 a.m. Published Apr 29, 2020, 7:43 p.m.
Federal Reserve Chair Jerome Powell conducts the 107-year-old central bank's first-ever remote video press conference.
Federal Reserve Chair Jerome Powell conducts the 107-year-old central bank's first-ever remote video press conference.