“The second wave is the biggest risk ahead” US Fed Chairman New Corona May 30 5:50
The Federal Reserve Chairman of the Federal Reserve Board, the Federal Reserve Board of the United States, said in a speech that the spread of the new coronavirus would spread public anxiety and delay economic recovery. I realized that it was a risk.
Chairman Powell attended an online lecture yesterday about his economic outlook, saying, "I was convinced that a complete economic recovery was safe even when people were out and about. The second wave of infection. Comes, people's confidence in it will fall and the economic recovery will be delayed. "
In the U.S., if the infection has reached its peak, economic activity has partially resumed in all 50 states, and there is a tendency for consumption to bottom out, but Chair Powell said that the second wave of infection is the largest outlook. It was recognized as a risk of.
He also pointed out that particularly low-income people and women have lost their jobs over the worsening employment situation, and said, "Our mission is to create as much employment as possible. Or anything new that can be done to get a new job. "He emphasized the idea of continuing large-scale monetary easing until the employment situation improves.
However, regarding the introduction of the negative interest rate demanded by President Trump, he once again showed negative thoughts.