The Federal Reserve basically just said coronavirus has screwed the economy for years

The federal government still hasn't finalized a new coronavirus stimulus plan at this point, but the Federal Reserve on Wednesday made a case that it may not have a choice soon. Federal Reserve chairman Jerome Powell told reporters the central bank is prepared to continue on its current path until the economy has recovered. That means interest rates might stay near zero for at least a few years. The coronavirus pandemic has cast a long shadow over the US economy like few other crises for more th...