US ECONOMY IS IMPROVING, BUT WILL TAKE TIME TO RECOVER COMPLETELY: FEDERAL RESERVE'S JEROME POWELL

Highlights

• The US economy is improving but has a long way to go before a full recovery from the COVID-19 pandemic stated Federal Reserve Chair Jerome Powell

• Powell said both employment and overall economic activity, however, remain well below their pre-pandemic levels, and the path ahead continues to be highly uncertain

While the number of new COVID-19 cases are going up continuously, the economy is ....