Fed’s Powell says an economic recovery could take until the end of 2021 — but doesn’t see a full-blown depression taking hold

Business Insider

Published

· *While economic indicators point to the worst recession in nearly a century, Federal Reserve Chair Jerome Powell doesn't expect a prolonged, Great Depression-style slump.*
· *The central bank chief told "60 Minutes" he sees the second quarter bringing GDP down as much as 20% to 30%, while unemployment will likely peak around...

Full Article