The Briefing Room
General Category => Economy/Business => Topic started by: libertybele on April 11, 2021, 11:35:56 pm
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COVID will always be Sloe Joe and his administration's excuse for whatever liberals mess up.
Powell tells '60 Minutes' that US economy is at an 'inflection point'
Federal Reserve Chair Jerome Powell said the US economy is at an "inflection point," and that growth and job creation is poised to accelerate.
Powell made the comments during an interview that will air Sunday on CBS News' "60 Minutes." In a preview of the interview released early Sunday, Powell provided a rosier economic outlook, in contrast to past remarks on the economy's recovery.
"What we're seeing now is really an economy that seems to be much at an inflection point," Powell told "60 minutes" during the interview. "And that's because of widespread vaccination and strong fiscal support, strong monetary policy support. We feel like we're at a place where the economy's about to start growing much more quickly and job creation coming in much more quickly."
But that's only if there isn't another wave of Covid-19........
https://www.cnn.com/2021/04/11/economy/jerome-powell-federal-reserve-60-minutes/index.html
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CNN? JEROME POWELL? BUNK.
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He said the quiet part out loud in this. That the risk to the markets was a "cyber terrorist attack" on the financial system.
Mm hmm. Get your money into physical assets people. Gold & silver coins, some seeds & some land too, while you still can.