Fed Chairman Powell: There are major uncertainties in the US economic recovery
When Fed Chairman Powell attended the Senate Banking Committee video hearing on June 16, he said that the US economy still has a long way to go before returning to the state before the New Crown Virus pandemic.
"Recently, some indicators indicate that economic activity has stabilized and there has been a moderate rebound in some areas." Powell said in his testimony, "Despite this, output and employment are still far below the level before the epidemic. The time and intensity of recovery There are still major uncertainties." (Gu Xiang, CCTV reporter)