UPDATE 3-Fed’s Powell: U.S. may be in recession, control of virus to dictate timing of economy reopening
The United States “may well
be in recession” but progress in controlling the spread of the
coronavirus will determine when the economy can fully reopen,
Federal Reserve Chair Jerome Powell said Thursday in a rare
network television interview on NBC’s Today Show.
be in recession” but progress in controlling the spread of the
coronavirus will determine when the economy can fully reopen,
Federal Reserve Chair Jerome Powell said Thursday in a rare
network television interview on NBC’s Today Show.
Posted by Reuters
