U.S. markets fell flat, drawing back from record highs, on Monday as Federal Reserve Chairman Jerome Powell said he was monitoring the stock market due to "elevated" assets.
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Fed Chief Powell: Economy at a Turning Point
U.S. gets boost from vaccines, stimulus, but risks remain.
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Apr 11, 2021
Federal Reserve Chairman Jerome Powell said Sunday that the U.S. economy is at a turning point, as vaccines and stimulus roll out and more Americans land jobs but that the nation isn t out of the woods yet. I would say this. What we re seeing now is really an economy that seems to be at an inflection point, said Powell in a preview Sunday of the 60 Minutes show he will appear in at 7 p.m. ET on CBS. An excerpt of the interview appeared on Face the Nation and
Federal Reserve Chairman Jerome Powell said that the U.S. economy is on the verge of a major rebound and that the big risk is a possible resurgence of the coronavirus.
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