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US economic recovery is weakening, Fed warns

US economic recovery is weakening, Fed warns

Jerome Powell, the Federal Reserve Chair issued a warning and said that the economy of the US is still struggling with the coronavirus pandemic. He also said that lawmakers ought to ignore concerns about inflation when considering more direct payments to American consumers. Powell praised Congress for its actions so far but said the economy is ’a long way from a full recovery.’

pennydreadful
pennydreadful
Rocky
Rocky 2 months

It's should just be called the Biden effect. Carried over from the Obama administration.🤣

wild card
wild card 2 months

Great Reset grins approvingly

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