FILE PHOTO: Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS
August 17, 2021
WASHINGTON (Reuters) – It remains unclear whether the heightened outbreak of the coronavirus Delta variant will have a noticeable impact on the economy, Federal Reserve chair Jerome Powell said Tuesday.
“COVID is still with us…and that is likely to continue to be the case for a while,” Powell said, but “people and businesses have improvised and learned to adapt. To live their lives despite COVID.”
(Reporting by Howard Schneider, Editing by Franklin Paul)
Source: One America News Network
