US economy may be entering ‘new normal’ after pandemic: Powell ...Qatar

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Federal Reserve Chair Jerome Powell said the US economy may be entering a “new normal” following disruptions from the Covid-19 pandemic. “We continue to deal with an exceptionally unusual set of disruptions,” Powell told business and community leaders on Friday at a Fed Listens event in Washington. “As policy makers we’re committed to using our tools to help see the economy through what has been a uniquely challenging period.” In his brief welcoming marks, Powell didn’t discuss the outlook for interest rates or offer more specifics on the economic outlook. All seven of the Board’s governors were present for the panel with Philip Jefferson and Lisa Cook making public comments in their roles

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Last updated : 25 September 2022 clock 10:32 PM

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US economy may be entering ‘new normal’ after pandemic: Powell ...Qatar

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