Watch Live: Fed Chair Powell Warns "We Have A Long Way To Go" In This Recovery Tyler Durden Tue, 11/17/2020 - 13:11
Fed Chair Jerome Powell takes part in a moderated discussion at the Bay Area Council Business Hall of Fame Awards Ceremony.
Powell is speaking shortly after New York Fed President William Dudley said this morning on Bloomberg TV after the numbers were released:
“The fact that the retail sales were a little weaker in October reinforces the idea that if the pandemic gets worse and there’s more shutdowns and restrictions, that the November data, which we haven’t gotten yet, will be even softer.”
Powell began his speech by highlighting three basic points on the state of the economic recovery: slowing, uneven and incomplete.
Watch Live:
http://dlvr.it/RltSfR
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