Fed Chair Powell: Recent Economic Developments and the Challenges Ahead

The speech is available on youtube . From Fed Chair Powell: Recent Economic Developments and the Challenges Ahead We should continue do what we can to manage downside risks to the outlook. One such risk is that COVID-19 cases might again rise to levels that more significantly limit economic activity, not to mention the tragic effects on lives and well-being. Managing this risk as the expansion continues will require following medical experts' guidance, including using masks and social-distancing measures. A second risk is that a prolonged slowing in the pace of improvement over time could......(read more)

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