May 11, 2021
Business News

Fed’s Powell: U.S. economy at an ‘inflection point’ – CBS ’60 Minutes’ – Reuters

(Reuters) -The U.S. economy is at an inflection point with expectations that growth and hiring will pick up speed in the months ahead, but some risks remain, particularly any resurgence in the coronavirus pandemic, Federal Reserve Chair Jerome Powell said.
FILE PHOTO: Chair of the Federal Reserve Jerome Powell listens during a Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS/File Photo

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