The Joe Pags Show

The Joe Pags Show

The Joe Pags Show originates from 1200 WOAI in San Antonio and can be heard on affiliate stations around the country and on the iHeartRadio app. Call...Full Bio

 

Powell: Economic Recovery Depends On Course Of Coronavirus

Coronavirus and measures taken to control its spread are directing the path of the economy. 

This is what Federal Reserve Chairman Jerome Powell told a Senate committee. 

Powell says a resurgence in COVID cases, hospitalizations and deaths has caused great hardships for millions of Americans and affected economic activity and job creation. He explains the economic recovery remains uneven and far from complete as the path is highly uncertain. 

According to Powell, the housing sector has more than fully recovered from the downturn while business investment and manufacturing production have also picked up.

Photo: Getty Images


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