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Fed Chair Powell Expects Economic Recovery to Come with Some Challenges

Federal Reserve Chair Jerome Powell says he expects the economy to recover but adds that there will be some challenges for some sectors,… read more

Federal Reserve Chair Jerome Powell says he expects the economy to recover but adds that there will be some challenges for some sectors, including the restaurant and entertainment sectors, and that confidence building

and control the spread of the coronavirus will be key to the recovery. "The incoming data suggest that we're at the beginning of that second phase of recovery, reopening, and expansion. That's the road. We need to get on that road and stay on that road. And you know, before you know it we'll feel a whole lot better," Mr. Powell tells lawmakers. close

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Fed Chair Powell Expects Economic Recovery to Come with Some Challenges

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Program ID:
473041-1
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
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Fed Chair Powell Expects Economic Recovery to Come with Some Challenges

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