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RSS FeedsPowell says US economy facing heightened uncertainty
(World News USA)


30 june 2020 07:53:56

Powell says US economy facing heightened uncertainty
(World News USA)

WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell says the outlook for the U.S. economy is “extraordinarily uncertain” and the success of the recovery effort will depend in large part on the country`s ability to contain the spread of the coronavirus. “A full recovery is unlikely until people are confident that it is safe to re-engage in a broad range of activities,” Powell says in testimony he is scheduled to deliver Tuesday in an appearance with Treasury Secretary Steven Mnuchin before...

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