U.S. ECONOMY RECOVERING BUT RISING COVID-19 CASES STILL A THREAT SAYS FED CHAIR POWELL

Highlights

• Powell said “We do see the economy continuing on a solid path of recovery, but the main risk we see to that is clearly the further spread of the disease here in the United States.”

• Powell made these comments at a virtual conference hosted by the European Central Bank

• Fed Chair was joined on the panel by Bank of England Governor Andrew Bailey and ECB President Christine L....