Connect with us


Fed Reserve chairman gives rosy economic forecast as Pelosi pushes back – New York Post

He cautioned that the biggest risk to the economy is if COVID-19 cases begin to surge again if people stop wearing masks and maintain safe social distances.



Article feature image

The chairman of the Federal Reserve offered a glowing assessment of the US economy — only for House Speaker Nancy Pelosi to immediately throw cold water on the appraisal.
“What we’re seeing now is really an economy that seems to be at an inflection point,” Chairman Jerome Powell said in an excerpt of a “60 Minutes” interview played on CBS News’ “Face the Nation” Sunday.
“And that’s because of widespread vaccination and strong fiscal support, strong monetary policy support. We feel like we’re at…

Click here to view the original article.

Continue Reading

You might also like ...

Article feature image
GM expects to offer personal self-driving vehicles to consumers this decade – CNBC
Article feature image
Why trouble may loom for stock market if Cathie Wood’s ARK Innovation ETF fails to bounce – MarketWatch
Article feature image
House panel advances bipartisan retirement savings bill | TheHill – The Hill