Surge of COVID-19 cases could hinder U.S. economic recovery: Fed chief


  • World
  • Friday, 13 Nov 2020

WASHINGTON, Nov. 12 (Xinhua) -- U.S. Federal Reserve Chairman Jerome Powell on Thursday warned that a record surge in COVID-19 cases across the country could hinder the recent economic recovery.

"We do see the economy continuing on a solid path of recovery, but the main risk we see to that is the further spread of disease here in the United States," Powell said during a virtual event held by the European Central Bank.

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