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Thanks for joining us today. I would like to begin by acknowledging the tragic loss in tremendous hardship that people are experiencing both here in the United States and around the world. The coronavirus outbreak is first and foremost a Public Health crisis and the most important response is coming from those in the front lines in hospitals, emergency services, and care facilities. On behalf of the Federal Reserve, let me express are severe sincere gratitude to those who put themselves in risk. The forceful measures we are taking to control the spread of the virus have brought much of the eco...

Them going. [captions Copyright National cable satellite corp. 2020] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] gov. Dewine good afternoon, everyone. Hope everybody had a good weekend. Today i want to talk about where we have been, where we are today, and where we are going in the future in regard to our battle with covid19. Wouldfore i do that, i like to remind all of us, myself included, of three things. And i would ask you to keep these in mind as we talk about this today and as we talk about this...

Around the world. The coronavirus outbreak is first and foremost a Public Health crisis and the most important response is coming from those in the front lines in hospitals, emergency services, and care facilities. On behalf of the Federal Reserve, let me express our sincere gratitude to those dedicated individuals who put themselves at risk. The forceful measures that we as a country are taking to control the spread of the virus have brought much of the economy to an abrupt halt. Many businesses have closed, people have been asked to stay home, and basic social interactions are curtailed. Peo...

Largescale repos, as it has been doing it goes on to describe the impact of the coronavirus on the economy the way it sees it, causing tremendous human and economic hardship, the statement says and measures to protect health have been causing the sharp economic declines and the losses in unemployment and jobs on the inflation front, the Federal Reserve notes, muted inflation, says weak demand and Lower Oil Prices are holding down inflation disruptions to Economic Activity, it says, have impaired the flow of credit the Public Health crisis will weigh heavily, it says, on Economic Activity and u...

Lendfaction, and we cannot insolvent companies it is clear these are lending bound to implement the laws that Congress Gives us. We cant make grants. That in my raised remarks is that i just want to be clear on that. Ou know, we can do what we can do and we will do it to the absolute limit of those powers. It. L keep at and you i just want people to know that we will be at it with that we authorities have until we get through this thing. We will keep using our authorities. Ut there are authorities that we dont have and there may be a need for those authorities to be used as well as ours. Powel...