Fed Maintains Stimulus Commitment as Economic

Please review the following two articles and answer the questions.  

1. Fed Maintains Stimulus Commitment as Economic Outlook Dims   by: Nick Timiraos  July 29, 2020

2. The Covid Crisis Will End. The Recovery May Take a Lot Longer  by: Leslie P. Norton  January 10, 2021

Click the following link to view the full articles on WSJ.com:

1. Fed Maintains Stimulus Commitment as Economic Outlook Dims

2. The Covid Crisis Will End. The Recovery May Take a Lot Longer

Or click here  Fed Maintains Stimulus Commitment as Economic Outlook Dims - WSJ.pdf

The Covid Crisis Will End. The Recovery May Take a Lot Longer.pdf 

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QUESTIONS:  

1. How has the Fed sought to support the economy since the outbreak of Covid-19?

2. What are the three related deliberations that the Fed is currently undertaking?

3. How is prosperity created? What is Carmen Reinhart’s opinion on prosperity?

4. Why does Reinhart say, “Don’t confuse rebound with recovery”? Why is this relevant today and where is it most relevant?